IndependentAmendment · S.Amdt. 1557· Senate(119-SAMDT-1557)

S.Amdt. 1557

Rep. King
Age: 82 years
Maine
Introduced
4/3/2025
Sponsored by
Angus King
Cosponsors
None
Changes bill
119-HCONRES-14 — Establishing 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.
  1. Introduced
  2. Pending Consideration

What this amendment would do

MR. KING submitted SA 1557, which is an amendment related to the congressional budget for the United States Government for fiscal year 2025.

The purpose of this amendment is to set up a deficit-neutral reserve fund concerning National Institutes of Health indirect costs rates.

Here is what the amendment aims to do:

  • Allow the Chairman of the Committee on the Budget of the Senate to change certain budget allocations and adjustments.
  • Apply these changes for legislation relating to scientific research.
  • Include legislation that would stop the National Institutes of Health from unilaterally reducing, negotiating, or modifying previously established indirect cost rates for federally funded research.
  • Ensure that any such legislation does not increase the deficit from fiscal year 2025 through fiscal year 2034.