S.Amdt. 1963Senate119th Congress (2025-2027)
S.Amdt. 1963
Sponsored by
Sen. Jeanne Shaheen (D-NH)
Submitted April 4, 2025
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Senate amendment submitted
April 4, 2025
Text
Submitted
SA 1963. Mrs. SHAHEEN submitted an amendment intended to be proposed by her 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: [[Page S2410]] At the appropriate place, insert the following: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PREVENTING CORRUPTION AND CONFLICTS OF INTEREST. (a) Definitions.--In this section-- (1) the term ``covered company'' means a company in which a special Government employee holds beneficial ownership of 5 percent or more of the common stock of the company; and (2) the term ``special Government employee'' has the meaning given the term in section 202 of title 18, United States Code. (b) Deficit-neutral Reserve Fund.--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 preventing corruption and conflicts of interest, which may include preventing Federal contracts with and payments to any covered company, 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. ______