[Congressional Record Volume 172, Number 106 (Wednesday, June 24, 2026)]
[Senate]
[Page S3448]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 6317. Ms. SLOTKIN submitted an amendment intended to be proposed 
by her to the bill S. 4784, to authorize appropriations for fiscal year 
2027 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 end of subtitle B of title XII, add the following:

     SEC. 1218. PROHIBITION ON USE OF TAXPAYER DOLLARS FOR 
                   RECONSTRUCTION AND ECONOMIC DEVELOPMENT FUND 
                   FOR IRAN.

       (a) Sense of Congress.--It is the sense of Congress that no 
     taxpayer dollars should be used to establish, support, 
     finance, administer, contribute to, or otherwise facilitate 
     any fund or plan for the reconstruction and economic 
     development of the Islamic Republic of Iran, including the 
     $300,000,000,000 fund for the reconstruction and economic 
     development of the Islamic Republic of Iran outlined in 
     Islamabad Memorandum of Understanding between the Islamic 
     Republic of Iran and the United States of America signed by 
     President Trump on June 17, 2026 .
       (b) Prohibition.--None of the funds authorized to be 
     appropriated by this Act or otherwise made available for the 
     Department of Defense may be obligated or expended to 
     establish, support, finance, administer, contribute to, 
     facilitate, or otherwise carry out any fund or plan for the 
     reconstruction and economic development of the Islamic 
     Republic of Iran.
       (c) Rule of Construction.--The prohibition under subsection 
     (b) shall apply to the use of funds for any licenses, 
     waivers, permissions, administrative actions, logistical 
     support, security assistance, technical assistance, or other 
     activities of the Department of Defense necessary for or 
     related to relevant financial transactions in connection with 
     a fund or plan described in that subsection.
       (d) Rule of Construction.--Nothing in this section may be 
     construed to prohibit the use of funds for intelligence 
     activities, force protection, defensive military operations, 
     the enforcement of sanctions, or the protection of United 
     States persons, the United States Armed Forces, or United 
     States facilities.
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