S.Amdt. 423

SA 423. Mr. LANKFORD submitted an amendment intended to be proposed
by him to the concurrent resolution S. Con. Res. 5, setting forth the
congressional budget for the United States Government for fiscal year
2021 and setting forth the appropriate budgetary levels for fiscal
years 2022 through 2030; 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
PROHIBITING A FEDERAL AGENCY FROM USING THE
SOCIAL COST OF GREENHOUSE GASES IN REGULATIONS
UNLESS THE PEOPLE'S REPUBLIC OF CHINA
DEMONSTRATES REDUCTIONS IN EMISSIONS
CONSISTENTLY OVER THE MOST RECENT 3-YEAR
PERIOD.

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
prohibiting each Federal agency from using the social cost of
carbon, the social cost of methane, the social cost of
nitrous oxide, or the social cost of any other greenhouse gas
in any regulation of the Federal agency unless the People's
Republic of China demonstrates a reduction in the emissions
of that greenhouse gas consistently over the most recent 3-
year period 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 2021 through 2025 or the period of the total of
fiscal years 2021 through 2030.
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