[Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)]
[Senate]
[Pages S1198-S1199]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 476. 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 ENSURING 
                   UNITED STATES DOES NOT CEDE FUTURE OF BATTERY 
                   SUPPLY CHAIN TO CHINA.

       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 the United States does not cede the future of 
     the battery supply chain to the People's Republic of China, 
     including by supporting tax incentives similar to the 
     incentive provided under section 45X of the Internal Revenue 
     Code of 1986, incentivizing investments in domestic battery 
     manufacturing and research and development, such as the 
     incentive included in

[[Page S1199]]

     the Infrastructure Investment and Jobs Act (Public Law 117-
     58; 135 Stat. 429), or strengthening Department of Energy 
     loan programs designed to boost battery manufacturing in the 
     United States, 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.
                                 ______