S.Amdt. 676Senate117th Congress (2021-2023)

S.Amdt. 676

Sponsored by Tim ScottSen. Tim Scott (R-SC)
Submitted February 4, 2021

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Senate amendment submitted

February 4, 2021

Text

Submitted

SA 676. Mr. SCOTT of South Carolina 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
POLITICALLY DISFAVORED INDUSTRIES' ACCESS TO
FINANCIAL SERVICES.

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
limiting federal financial regulators from enacting policies
that damage, restrict, or preclude federally legal
politically disfavored industries from accessing financial
services, or that prioritize politically favored industries'
access to financial services 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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