S.Amdt. 2505Senate115th Congress (2017-2019)2nd degree
S.Amdt. 2505
Sponsored by
Sen. Bernard Sanders (I-VT)
Submitted June 7, 2018
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Senate amendment submitted
June 7, 2018
Text
Submitted
SA 2505. Mr. SANDERS (for himself and Mr. Grassley) submitted an amendment intended to be proposed to amendment SA 2282 submitted by Mr. Inhofe (for himself and Mr. McCain) and intended to be proposed to the bill H.R. 5515, to authorize appropriations for fiscal year 2019 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the end of subtitle A of title X, add the following: SEC. 1006. DEPARTMENT OF DEFENSE SPENDING REDUCTIONS IN THE ABSENCE OF AN UNQUALIFIED AUDIT OPINION. If during any fiscal year after fiscal year 2022, the Secretary of Defense determines that a department, agency, or other element of the Department of Defense has not achieved an unqualified opinion on its full financial statements for the calendar year ending during such fiscal year-- (1) the amount available to such department, agency, or element for the fiscal year in which such determination is made shall be equal to-- (A) the amount otherwise authorized to be appropriated for such department, agency, or element for the fiscal year; minus (B) the lesser of-- (i) an amount equal to 0.5 percent of the amount described in subparagraph (A); or (ii) $100,000,000; and (2) the Secretary shall deposit in the general fund of the Treasury for purposes of deficit reduction all amounts unavailable to departments, agencies, and elements of the Department in the fiscal year pursuant to determinations made under paragraph (1). ______