S.Amdt. 71Senate117th Congress (2021-2023)
S.Amdt. 71
Sponsored by
Sen. Marco Rubio (R-FL)
Submitted February 3, 2021
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Floor
Latest Action
Senate amendment submitted
February 3, 2021
Text
Submitted
SA 71. Mr. RUBIO 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 appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST AUTHORIZING UNITED STATES PERSONS TO INVEST IN SECURITIES OF COMMUNIST CHINESE MILITARY COMPANIES. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would authorize United States persons to invest in-- (1) publicly traded securities of any Communist Chinese military company identified by the Secretary of Defense under section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105-261; 50 U.S.C. 1701 note); or (2) securities that are derivative of or designed to provide investment exposure to securities described in paragraph (1). (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______