[Congressional Record Volume 171, Number 144 (Wednesday, September 3, 2025)]
[Senate]
[Page S6015]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3754. Mr. DAINES submitted an amendment intended to be proposed by 
him to the bill S. 2296, to authorize appropriations for fiscal year 
2026 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. INTEREST ON FUNDS PROVIDED TO THE FEDERAL 
                   COMMUNICATIONS COMMISSION.

       (a) In General.--The Secretary of the Treasury shall not 
     charge interest on funds provided to the Federal 
     Communications Commission in accordance with section 5404 of 
     the Servicemember Quality of Life Improvement and National 
     Defense Authorization Act for Fiscal Year 2025 (Public Law 
     118-159; 138 Stat. 2450).
       (b) Return of Interest.--Any interest described in 
     subsection (a) already collected by the Secretary of the 
     Treasury shall be returned to the Federal Communications 
     Commission for the use consistent with the purposes of 
     section 5404 of the Servicemember Quality of Life Improvement 
     and National Defense Authorization Act for Fiscal Year 2025 
     (Public Law 118-159; 138 Stat. 2450) as though the interest 
     had not been paid in interest to the Secretary of the 
     Treasury.
       (c) Unpaid Interest.--The obligation of the Federal 
     Communications Commission to pay any unpaid interest which 
     has accrued on the funds described in subsection (a) is 
     terminated.
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