S.Amdt. 389Senate119th Congress (2025-2027)
S.Amdt. 389
Sponsored by
Sen. Gary C. Peters (D-MI)
Submitted February 20, 2025
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Senate amendment submitted
February 20, 2025
Text
Submitted
SA 389. Mr. PETERS submitted an amendment intended to be proposed by him 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 PREVENTING UNELECTED BILLIONAIRES FROM USING GOVERNMENT POSITIONS TO ENRICH THEMSELVES. 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 ensuring that each special Government employee (as defined in section 202 of title 18, United States Code) with a net worth of more than $1,000,000,000 completes a public financial disclosure form and divests stock or themselves of any position in any company that does business with the Government, or else any companies associated with such special Government employees shall be barred from contracting with the Government, 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. ______