[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S337]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 83. Mr. RUBIO (for himself and Mr. Cruz) 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 end of title III, add the following:
SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
TERMINATING THE FEDERAL DEPOSIT INSURANCE
CORPORATION INSURANCE OF ANY DEPOSITORY
INSTITUTION THAT REFUSES TO PROVIDE SERVICES TO
FEDERAL CONTRACTORS DUE TO POLITICAL REASONS
UNRELATED TO UNDERLYING BUSINESS VIABILITY.
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
terminating the Federal Deposit Insurance Corporation
insurance of any depository institution that refuses to
provide services to Federal contractors due to political
reasons unrelated to underlying business viability by the
amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2021
through 2025 or the period of the total of fiscal years 2021
through 2030.
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