[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 71. Mr. RUBIO submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 5, setting forth the
congressional budget for the United States Government for fiscal year
2021 and setting forth the appropriate budgetary levels for fiscal
years 2022 through 2030; which was ordered to lie on the table; as
follows:
At the appropriate place in title IV, add the following:
SEC. 4___. POINT OF ORDER AGAINST AUTHORIZING UNITED STATES
PERSONS TO INVEST IN SECURITIES OF COMMUNIST
CHINESE MILITARY COMPANIES.
(a) Point of Order.--It shall not be in order in the Senate
to consider any bill, joint resolution, motion, amendment,
amendment between the Houses, or conference report that would
authorize United States persons to invest in--
(1) publicly traded securities of any Communist Chinese
military company identified by the Secretary of Defense under
section 1237(b) of the Strom Thurmond National Defense
Authorization Act for Fiscal Year 1999 (Public Law 105-261;
50 U.S.C. 1701 note); or
(2) securities that are derivative of or designed to
provide investment exposure to securities described in
paragraph (1).
(b) Waiver and Appeal.--Subsection (a) may be waived or
suspended in the Senate only by an affirmative vote of three-
fifths of the Members, duly chosen and sworn. An affirmative
vote of three-fifths of the Members of the Senate, duly
chosen and sworn, shall be required to sustain an appeal of
the ruling of the Chair on a point of order raised under
subsection (a).
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