S.Amdt. 3857

SA 3857. Ms. LUMMIS submitted an amendment intended to be proposed to
amendment SA 3748 proposed by Mr. Wicker (for himself and Mr. Reed) to
the bill S. 2296, to authorize appropriations for fiscal year 2026 for
military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. AMENDMENTS TO TITLE 31, UNITED STATES CODE,
RELATING TO MANAGEMENT OF FINANCIAL ASSETS.

(a) In General.--Section 324 of title 31, United States
Code, is amended--
(1) in subsection (a)--
(A) by striking ``dispose of obligations'' in paragraph (1)
and inserting ``hold, manage, exchange, and dispose of
financial assets'';
(B) by inserting ``accepted or'' before ``acquired'' in
paragraph (1)(A); and
(C) by striking ``the maturity of those obligations'' in
paragraph (2) and inserting ``the term or maturity, as
applicable, of those financial assets''; and
(2) in subsection (b)--
(A) by striking ``dispose or extend the maturity of
obligations'' and inserting ``exchange, dispose of, or extend
the term or maturity, as applicable, of financial assets'';
and
(B) by striking ``for cash, obligations, property, or a
combination of cash, obligations, or property'' and inserting
``for cash, other financial assets, other property, or any
combination of cash, other financial assets, or other
property''.
(b) Conforming Amendments.--
(1) Section 324 of title 31, United States Code, is amended
by striking ``Disposing and extending the maturity of
obligations'' and inserting ``Holding, managing, exchanging,
disposing of, and extending the term of financial assets''.
(2) The item relating to section 324 in the table of
sections for chapter 3 of such title is amended by striking
``Disposing and extending the maturity of obligations'' and
inserting ``Holding, managing, exchanging, disposing of, and
extending the term of financial assets''.
______