S.Amdt. 3546Senate117th Congress (2021-2023)

S.Amdt. 3546

Sponsored by Mike LeeSen. Mike Lee (R-UT)
Submitted August 10, 2021

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Senate amendment submitted

August 10, 2021

Text

Submitted

SA 3546. Mr. LEE 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___. SPENDING-NEUTRAL RESERVE FUND RELATING TO REMOVING
THE NFIP ANNUAL LIMITATION ON PREMIUM INCREASES
FOR CERTAIN PROPERTIES.

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
eliminating the annual limitation on premium increases under
the National Flood Insurance Program for single-family
properties with a value of not less than $1,000,000 by the
amounts provided in such legislation for those purposes,
provided that such legislation would not raise new revenue
and 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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