Text of Senate Amendment 4909

On 2026-04-22, Senator Adam B. Schiff (D-CA) delivered a floor speech titled "Text Of Senate Amendment 4909" in the Senate. The speech addressed trade policy. It referenced legislation: S1965.

Text of Senate Amendment 4909

Congressional Record, Volume 172 Issue 71 (Wednesday, April 22, 2026) [Congressional Record Volume 172, Number 71 (Wednesday, April 22, 2026)] [Senate] [Page S1965] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 4909. Mr. SCHIFF submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 33, 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; which was ordered to lie on the table; as follows: At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROVIDING TARIFF REFUNDS. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to providing tariffs refunds, which may include providing each American taxpayer a $400 refund for tariffs illegally collected under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2026 through 2035. ______