S.Amdt. 519

SA 519. Ms. LUMMIS submitted an amendment intended to be proposed by
her 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 REDUCING
CONTROL BY THE PEOPLE'S REPUBLIC OF CHINA OF
THE GLOBAL RARE EARTH SUPPLY CHAIN.

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
reducing control by the People's Republic of China of the
global rare earth supply chain, which is integral to the
national security of the United States, which may include
reducing imports of rare earth elements from the People's
Republic of China and the development of stable domestic
supply chain, 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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