S.Amdt. 72Senate117th Congress (2021-2023)
S.Amdt. 72
Sponsored by
Sen. Marco Rubio (R-FL)
Submitted February 3, 2021
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Senate amendment submitted
February 3, 2021
Text
Submitted
SA 72. 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 end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO ALLOWING STATE AND LOCAL GOVERNMENTS TO DIVEST FROM ENTITIES THAT ENGAGE IN COMMERCE-RELATED OR INVESTMENT-RELATED BOYCOTT, DIVESTMENT, OR SANCTIONS ACTIVITY WITH RESPECT TO ISRAEL. 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 allowing for a State or local government to adopt and enforce measures to divest the assets of the State or local government from, prohibit investment of the assets of the State or local government in, or restrict contracting by the State or local government for goods and services with an entity that the State or local government determines, using credible information available to the public, knowingly engages in commerce-related or investment-related boycott, divestment, or sanctions activity in the course of interstate or international commerce that is intended to penalize, inflict economic harm on, or otherwise limit commercial relations with Israel or persons doing business in Israel or Israeli-controlled territories for purposes of coercing political action by, or imposing policy positions on, the Government of Israel, 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. ______