CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 1912· Senate(119-SAMDT-1912)

S.Amdt. 1912

Rep. Murphy
Age: 53 years
Connecticut
Introduced
4/4/2025
Sponsored by
Christopher Murphy
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

As your legislative analyst, let's break down what this amendment is all about in plain English.

Mr. Murphy submitted SA 1912, which sets up a deficit-neutral reserve fund. The main purpose of this is to improve ethics in government by focusing on cryptocurrency investments.

  • It aims to allow the Chairman of the Senate Committee on the Budget to make adjustments for legislation related to improving government ethics.
  • It specifically targets the mandatory public disclosure of any hold, purchase, or sale of cryptocurrency totaling more than $500,000 during any 1-year period.
  • This disclosure requirement applies to the President and any employee serving at the discretion of the President, whether they are paid or unpaid.
  • Any legislation using this fund must not increase the deficit over the fiscal years 2025 through 2034.