S.Amdt. 212

SA 212. Mr. JOHNSON of Wisconsin (for himself, Mr. Hatch, Mr. Kirk, and Mr. Vitter) submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 8, setting forth the congressional budget for the United States Government for fiscal year 2014, revising the appropriate budgetary levels for fiscal year 2013, and setting forth the appropriate budgetary levels for fiscal years 2015 through 2023; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. DEFICIT-NEUTRAL RESERVE FUND TO PREVENT THE USE OF FEDERAL FUNDS FOR THE BAILOUT OF IMPROVIDENT STATE AND LOCAL GOVERNMENTS.

The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would, except in the case of Federal assistance provided in response to a natural disaster, prohibit any entity of the Federal Government from providing funds to State or local governments to prevent receivership or to facilitate exit from receivership by local government, or to prevent default on its obligations by a State government, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2013 through 2018 or the period of the total of fiscal years 2013 through 2023.