S.Amdt. 3875

SA 3875. Mr. COBURN submitted an amendment intended to be proposed to
amendment SA 3775 submitted by Mr. Wyden (for himself and Mr. Grassley)
and intended to be proposed to the amendment SA 3739 proposed by Mr.
Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217,
to promote the financial stability of the United States by improving
accountability and transparency in the financial system, to end ``too
big to fail'', to protect the American taxpayer by ending bailouts, to
protect consumers from abusive financial services practices, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of the amendment, insert the following:

SEC. ___. STOP SECRET SPENDING ACT.

(a) Short Title.--This section may be cited as the ``Stop
Secret Spending Act''.
(b) Notice Requirement.--Legislation that has been subject
to a hotline notification may not pass by unanimous consent
unless--
(1) the hotline notification has been posted on the public
website of the Senate for at least 3 calendar days as
provided in subsection (c); and
(2) signed statements from every Member of the Senate
attesting that they have read the legislation (except for a
sense of the Senate measure) and understand its impact
including the cost have been submitted to and printed in the
Congressional Record using the following format: ``I, Senator
____, have read [bill number] and understand its impact,
including the cost, and support its passage.''.
(c) Posting on Senate Webpage.--At the same time as a
hotline notification occurs with respect to any legislation,
the Majority Leader shall post in a prominent place on the
public webpage of the Senate a notice that the legislation
has been hotlined and the legislation's number, title, link
to full text, and sponsor and the estimated cost to implement
and the number of new programs created by the legislation.
(d) Legislative Calendar.--
(1) In general.--The Secretary of the Senate shall
establish for both the Senate Calendar of Business and the
Senate Executive Calendar a separate section entitled
``Notice of Intent To Pass by Unanimous Consent''.
(2) Content.--The section required by paragraph (1) shall--
(A) include any legislation posted as required by
subsection (c) and the date the hotline notification
occurred; and
(B) be updated as appropriate.
(3) Removal.--Items included on the calendar under this
subsection shall be removed from the calendar once passed by
the Senate.
(e) Exceptions.--This section shall not apply--
(1) if a quorum of the Senate is present at the time the
unanimous consent is propounded to pass the bill;
(2) to any legislation relating to an imminent or ongoing
emergency, as jointly agreed to by the Majority and Minority
Leaders; and
(3) to nominations.
(f) Suspension.--The Presiding Officer shall not entertain
any request to suspend this section by unanimous consent.
(g) Hotline Notification Defined.--In this section, the
term ``hotline notification'' means when the Majority Leader
in consultation with the Minority Leader, provides notice of
intent to pass legislation by unanimous consent by contacting
each Senate office with a message on a special alert line
(commonly referred to as the hotline) that provides
information on what bill or bills the Majority Leader is
seeking to pass through unanimous consent.
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