S.Amdt. 1692Senate119th Congress (2025-2027)
S.Amdt. 1692
Sponsored by
Sen. Jack Reed (D-RI)
Submitted April 3, 2025
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Senate amendment submitted
April 3, 2025
Text
Submitted
SA 1692. Mr. REED submitted an amendment intended to be proposed by him to the concurrent resolution H. Con. Res. 14, establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROTECTING VETERANS AND SERVICEMEMBERS FROM BEING SCAMMED BY FINANCIAL INSTITUTIONS, INCLUDING THROUGH ENFORCEMENT OF THE SERVICEMEMBERS CIVIL RELIEF ACT AND THE MILITARY LENDING ACT. 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 veterans and servicemembers, which may include protecting veterans and servicemembers from being scammed by financial institutions or through enforcement of the Servicemembers Civil Relief Act (50 U.S.C. 3901 et. seq.) and section 987 of title 10, United States Code (sometimes referred to as the ``Military Lending Act''), by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034. ______