CONGRESS FOR VOTERS

Jeff Merkley (D-OR)

S.Amdt. 5430

S.Amdt. 5430 · Senate amendment

A Democratic amendment with 1 Democratic cosponsor · See the cosponsor

Changes S.Con.Res. 33 — A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035.

Offered

Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.

Its path through Congress

  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 5430, submitted by Mr. Merkley and Mr. Ossoff, aims to add a section to the end of title III of S. Con. Res. 33.

The purpose of this amendment is to create a deficit-neutral reserve fund. This allows the Chairman of the Senate Committee on the Budget to adjust budgetary levels and the pay-as-you-go ledger for legislation that focuses on:

  • Prohibiting Members of Congress, their spouses, and their dependent children from trading and holding stocks, non-diversified mutual funds, exchange traded funds, commodities, futures, event contracts, and digital assets.
  • Establishing penalties for those who do not comply.

This is permitted as long as the legislation does not increase the deficit between fiscal years 2026 and 2035.