DemocratAmendment · S.Amdt. 788· Senate(119-SAMDT-788)

S.Amdt. 788

Rep. Booker
Age: 57 years
New Jersey
Introduced
2/20/2025
Sponsored by
Cory Booker
Cosponsors
None
Changes bill
119-SCONRES-7 — An original concurrent resolution setting forth 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. Booker submitted SA 788, which is an amendment intended to be proposed for the concurrent resolution on the federal budget. Looking out for the public and keeping officials accountable, it is important to know what this measure aims to change.

The amendment aims to add a deficit-neutral reserve fund at the end of title III of the budget resolution. The purpose of this fund is to relate to requiring Elon Musk to publicly release his financial disclosure form.

By requiring this public release, the amendment aims to ensure that Elon Musk is not in violation of criminal prohibitions under section 208 of title 18, United States Code. This specific law prevents him from personally and substantially participating in any particular matter that would have a direct and predictable effect on his financial interests.

Additionally, the amendment allows the Chairman of the Senate Committee on the Budget to revise allocations, aggregates, and other levels in the budget resolution. These adjustments can be made for legislation relating to stopping corruption and ensuring transparency in the Federal Government, as long as the legislation does not increase the deficit over the fiscal years 2025 through 2034.