S.Amdt. 2550Senate115th Congress (2017-2019)
S.Amdt. 2550
Sponsored by
Sen. Elizabeth Warren (D-MA)
Submitted June 7, 2018
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Senate amendment submitted
June 7, 2018
Text
Submitted
SA 2550. Ms. WARREN submitted an amendment intended to be proposed by her 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 D of title VI, add the following: SEC. 633. POLICY ON CONSIDERATION OF FRAUD AGAINST MEMBERS OF THE ARMED FORCES OR THEIR DEPENDENTS IN DETERMINATIONS TO PERMIT FINANCIAL INSTITUTIONS TO OPERATE ON MILITARY INSTALLATIONS. The Secretary of Defense may issue a formal policy, applicable Department of Defense-wide, requiring that any determination after the date of issuance of the policy on whether to permit or continue to permit a financial institution to operate on a military installation of the Department of Defense shall take into account, in such manner as the Secretary shall specify for purposes of the policy, the nature and scope of any order against the financial institution pursuant to section 987 of title 10, United States Code (commonly referred to as the ``Military Lending Act''), or the Servicemembers' Civil Relief Act (50 U.S.C. App. 501 et seq.) involving members of the Armed Forces or their dependents. ______