S.Amdt. 380Senate119th Congress (2025-2027)
S.Amdt. 380
Sponsored by
Sen. Catherine Cortez Masto (D-NV)
Submitted February 20, 2025
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Senate amendment submitted
February 20, 2025
Text
Submitted
SA 380. Ms. CORTEZ MASTO submitted an amendment intended to be proposed by her to the concurrent resolution S. Con. Res. 7, setting forth 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 end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROHIBITING FEDERAL EMPLOYEES OR OFFICIALS FROM ISSUING, PROMOTING, OR FINANCIALLY BENEFITTING FROM MEMECOINS IN WHICH THE CHINESE COMMUNIST PARTY INVESTS. 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 protecting Federal financial security, which may include prohibiting Federal employees or officials from issuing, promoting, or financially benefitting from any cryptocurrency that is named after a character, individual, animal, or artwork or that has other humorous characteristics based on internet memes (commonly known as a ``memecoin'') in which the Chinese Communist Party has a financial stake, by the amounts provided in such legislation for those purposes, 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. ______