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Full Text of this Amendment

SA 162. Mr. DeMINT submitted an amendment intended to be proposed by him to the bill S. 493, to reauthorize and improve the SBIR and STTR programs, and for other purposes; which was ordered to lie on the table; as follows:

At the end of the bill, add the following:
SEC. 504. RECISION OF FUNDS FOR THE NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES.
(a) Recision.--Notwithstanding any other provision of law, all unobligated balances held by the Chairperson of the National Endowment for the Arts, the Chairperson of the National Endowment for the Humanities, and the Director of the Institute of Museum and Library Services for the National Foundation on the Arts and the Humanities under the National Foundation on the Arts and the Humanities Act of 1965 (20 U.S.C. 951 note et seq.), as in effect on the day before the date of enactment
of this Act, are rescinded and no funds appropriated hereafter for such activities shall be expended, except as determined necessary or essential by either such Chairperson or Director, in consultation with the appropriate Federal agencies.
(b) Savings.--The savings from this section shall be transferred to the Secretary of the Treasury, and the Secretary of the Treasury shall use the transferred funds to reduce the budget deficit of the United States.


(As printed in the Congressional Record for the Senate on Mar 14, 2011.)