S.Amdt. 1868Senate119th Congress (2025-2027)

S.Amdt. 1868

Submitted April 4, 2025

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Senate amendment submitted

April 4, 2025

Text

Submitted

SA 1868. Mr. VAN HOLLEN 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
PROHIBITING THE PRESIDENT FROM OWNING,
CONTROLLING, OR AFFILIATING WITH A COMPANY THAT
ENGAGES IN DIGITAL ASSET ACTIVITIES, INCLUDING
MEMECOINS, STABLECOINS, AND BITCOIN MINING.

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
prohibiting the President from owning, controlling, or
affiliating with a company that engages in digital asset
activities, including memecoins, stablecoins, and Bitcoin
mining, 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.
______