S.Amdt. 3179Senate117th Congress (2021-2023)

S.Amdt. 3179

Submitted August 10, 2021

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Senate amendment submitted

August 10, 2021

Text

Submitted

SA 3179. Mr. TUBERVILLE submitted an amendment intended to be
proposed by him to the concurrent resolution S. Con. Res. 14, setting
forth the congressional budget for the United States Government for
fiscal year 2022 and setting forth the appropriate budgetary levels for
fiscal years 2023 through 2031; which was ordered to lie on the table;
as follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
ESTABLISHING IN STATUTE THE TRUMP
ADMINISTRATION'S RULE ON FIDUCIARY DUTIES
REGARDING PROXY VOTING AND SHAREHOLDER RIGHTS.

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,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
establishing in statute the rule issued by the Department of
Labor, titled ``Fiduciary Duties Regarding Proxy Voting and
Shareholder Rights'' (85 Fed. Reg. 81658), on December 16,
2020, 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 2022 through 2026 or the period of the total of fiscal
years 2022 through 2031.
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