S.Amdt. 5766

SA 5766. Mr. PETERS submitted an amendment intended to be proposed to
amendment SA 5453 proposed by Mr. Graham to the bill S. 2, to provide
for reconciliation pursuant to title II of S. Con. Res. 33.; which was
ordered to lie on the table; as follows:

At the appropriate place in title I, insert the following:

SEC. ___. RESCISSION OF OBBBA FUNDS.

Effective on the date of enactment of this Act, all of the
unobligated balances of amounts made available under sections
90001, 90002, 90003, 90004, 90006, and 90007 of title IX of
the Act entitled ``An Act to provide for reconciliation
pursuant to title II of H. Con. Res. 14'', approved July 4,
2025 (Public Law 119-21; 139 Stat. 361) (commonly known as
the ``One Big Beautiful Bill Act'') shall be rescinded and
transferred to the general fund of the Treasury to reduce the
deficit.

At the appropriate place in title II, insert the following:

SEC. ___. RESCISSION OF OBBBA FUNDS.

Effective on the date of enactment of this Act, all of the
unobligated balances of amounts made available under title X
of the Act entitled ``An Act to provide for reconciliation
pursuant to title II of H. Con. Res. 14'', approved July 4,
2025 (Public Law 119-21; 139 Stat. 361) (commonly known as
the ``One Big Beautiful Bill Act'') shall be rescinded and
transferred to the general fund of the Treasury to reduce the
deficit.
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