S.Amdt. 1924

SA 1924. Mr. PETERS 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 ENSURING
THAT ENERGY RESOURCES DERIVED IN THE UNITED
STATES STAY IN THE UNITED STATES, AND LOWERING
ENERGY PRICES FOR FAMILIES AND BUSINESSES IN
THE UNITED STATES INSTEAD OF ALLOWING THESE
RESOURCES TO BE SHIPPED OVERSEAS.

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
lowering energy costs, which may include prohibiting
extraction of energy resources from public lands or waters
unless United States consumers are the primary beneficiaries,
prohibiting energy resources extracted from public lands or
waters in the United States from being shipped overseas or
from benefitting foreign entities of concern, prohibiting
companies with ties to foreign entities of concern from
bidding on Federal lease sales, prohibiting the export of
domestically produced oil overseas if the average retail
price of gasoline in the United States exceeds $2.50 per
gallon, prohibiting the export of domestically extracted
energy resources if the President has declared a national
energy emergency, or prohibiting the export of domestically
produced natural gas overseas if year-over-year domestic
energy prices have increased, if domestic energy prices are
above their long-run average, or if increases in year-over-
year energy prices outpace inflation, 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.
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