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WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Senate companion to H.R. 1, the Lower Energy Costs Act.

“Energy production is the key to America’s national security and economic success. Louisiana has always served our country by helping bring affordable, sustainable energy to market, and this bill would remove the burdensome, bureaucratic handcuffs that have been hurting the industry and millions of Americans,” said Kennedy. 

The Lower Energy Costs Act would:

  • Create parity among energy producing states by increasing Louisiana’s and other Gulf states’ share of oil and gas revenues from 37.5 percent to 50 percent.
  • Provide for 50 percent of revenues from offshore wind leasing to be shared with coastal states.
  • Eliminate the two percent administrative fee assessed on the state share of onshore energy revenue.
  • Secure America’s critical mineral supply.
  • Affirm states’ primacy in regulating energy production on state and private land.
  • Provide analysis on how refineries can become more efficient energy producers.
  • Promote energy infrastructure and pipelines across international borders.
  • Express disapproval of President Biden’s revocation of the Keystone XL pipeline.
  • Express congressional opposition to restrictions on the export of crude oil or other petroleum products.
  • Repeal all restrictions on the import and export of natural gas.
  • Improve interagency coordination for reviewing natural gas pipelines.
  • Repeal the natural gas tax in Section 136 of the Clean Air Act.
  • Repeal the greenhouse gas reduction fund in Section 134 of the Clean Air Act.
  • Give homeowners more freedom to power their homes with their choice of energy options.
  • Require the Interior Department to immediately resume quarterly lease sales on federal lands.
  • Require the Interior Secretary to resolve any protest to a lease sale within 60 days.
  • Require the Interior Department to make the permitting process for drilling more transparent by publishing relevant information online.
  • Require the Interior Secretary to conduct all lease sales in the congressionally approved 2017-2022 Outer Continental Shelf Oil and Gas Leasing five-year plan no later than Sept. 30, 2023.
  • Require the Interior Secretary to issue the five-year oil and gas leasing program for 2023-2028 and to begin preparing for the subsequent oil and gas leasing program within 36 months of the first sale in the current program.
  • Require yearly lease sales for geothermal energy.
  • Require the Interior Department to grant any additional approvals for previously awarded coal leases required for mining to begin.
  • End the existing moratorium on new coal leasing.
  • Prohibit the Chinese Communist Party from acquiring any interest in lands leased for oil or gas under the Mineral Leasing Act or Outer Continental Shelf Lands Act.
  • Direct the Interior Secretary to authorize geological and geophysical surveys related to oil and gas activities on the Gulf of Mexico Outer Continental Shelf.
  • Prevent the Bureau of Land Management from deferring the approval of permit applications because of agency formatting preferences.
  • Require the Interior Secretary to process permit applications for drilling under a valid existing lease regardless of unrelated civil action.
  • Expedite the approval process for gathering lines on federal lands that capture or transport oil, natural gas or related materials.
  • Bar a mining claimant from operating on federal land if the Interior Secretary finds the claimant has a foreign parent company with a record of human rights violations and knowingly operated an illegal mine in another country.
  • Prevent the Interior Secretary from stopping or slowing leasing and permitting activities on federal lands and waters that are open to energy and mineral development.
  • Incentivize domestic production by rolling back burdensome fees on oil and gas development from the “Inflation Reduction Act.”

Full bill text is available here.

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Appropriations Committee, today introduced the Small Business Disaster Damage Fairness Act of 2023 to permanently increase access to Small Business Administration (SBA) loans for homeowners and small business owners who face natural disasters.

The legislation would indefinitely extend an increase to the Recovery Improvements for Small Entities After Disaster Act’s initial loan limit of $14,000 to $25,000. The increase would not require borrowers to pledge collateral for three years.   

“Too often in the aftermath of hurricane season, thousands of Louisiana’s families depend on SBA loans to rebuild their homes and businesses. I’m introducing this bill to give Louisianians more access to loans when disaster strikes and they need resources quickly,” said Kennedy. 

Physical disaster loans help businesses, homeowners and others rebuild damaged property in declared disaster areas. 

Background:

  • Kennedy introduced the Rebuilding Small Businesses After Disasters Act of 2019 to extend the Recovery Improvements for Small Entities After Disaster Act of 2015, which became law but expired in November of 2022. 
  • A Government Accountability Office (GAO) study showed that Kennedy’s 2019 bill reduced government spending and saved taxpayer dollars. According to the study, the GAO “reviewed more than 20 years of loan data and found that the loans approved before the change in collateral requirements had higher default rates than the loans approved after the change.”

Text of the bill is available here.

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Judiciary Committee, today joined Sen. Ted Cruz (R-Texas) in introducing a constitutional amendment to guard the U.S. Supreme Court from partisan efforts to expand and politicize the body. 

The proposed amendment would ensure that the court remains apolitical by cementing the number of justices who can serve at a time at nine. 

“The effort to pack the Supreme Court and turn justices into politicians in robes would delegitimize and destroy one of the most important institutions in America. Congress must protect the judicial branch from political expedience by safeguarding its current structure,” said Kennedy.

Once approved by Congress, the amendment would go to the states for ratification.

“The Democrats’ answer to a Supreme Court that is dedicated to upholding the rule of law and the Constitution is to pack it with liberals who will rule the way they want. The Supreme Court should be independent, not inflated by every new administration. That’s why I’ve introduced a constitutional amendment to permanently keep the number of justices at nine,” said Cruz. 

Sens. Roger Marshall (R-Kan.), Bill Hagerty (R-Tenn.), Mike Lee (R-Utah), Tom Cotton (R-Ark.), Chuck Grassley (R-Iowa), Josh Hawley (R-Mo.), Thom Tillis (R-N.C.), Cindy Hyde-Smith (R-Miss.), Mike Braun (R-Ind.) and Todd Young (R-Ind.) also cosponsored the legislation. 

The amendment is available here.

 

View Kennedy’s full remarks here.

WASHINGTON – Sen. John Kennedy (R-La.) spoke on the Senate floor today about the danger that President Biden’s budget presents to the U.S. economy and about the Federal Reserve’s failure to oversee risk at Silicon Valley Bank.

Key comments from Kennedy’s remarks include:

“I learned that since 2019 until today, the population in the United States has grown 1.8 percent. You know how much our budget has increased? Fifty-five percent. And that doesn't even count the additional half a trillion dollars’ worth of spending that the president has just proposed.”

“I also learned that the president is proposing $4.7 trillion—not billion—$4.7 trillion dollars in new taxes.”

“Gross debt, all of our debt, will rise under President Biden’s budget from $32.7 trillion at the close of this year to $51 trillion by 2033. Only in Washington, D.C.—only in La La Land—can you go around and say, ‘My budget reduces the deficit and debt by $3 trillion’ when it really increases it by $18 trillion.”

“President Biden's bailout of Silicon Valley Bank was the result of bad management by the bank officials but also by bad supervision.”

“Four years ago, the Fed told Silicon Valley Bank that its system to control risk was not up to snuff. Fact number two: Last fall, short sellers and private bank analysts said the same thing.”

“It wasn't a failure of regulation that caused Silicon Valley Bank to go under. It was the failure to enforce the rules that we already have.”

“Now I also learned some of my colleagues are saying, ‘Well, you know, this is all the fault of Congress. It’s the fault of Congress because Silicon Valley Bank was not subject to a stress test. We, as you know, Democrats and Republicans, supported an amendment to Dodd Frank back in 2018 that some say prevented the bank from being stress tested. That’s not true. The bill that we passed in 2018 said categorically and unequivocally . . . the Federal Reserve and the other banking regulators have the authority at any time to stress test Silicon Valley Bank, and they chose not to do it.” 

“Now the other point being made by some of my colleagues is that, ‘Well, they weren't big enough to stress test. They had to be $100 billion or more.’ That’s not true. They were over $100 billion bank at the end of 2021. So, they did qualify to be stress tested in 2022.”

“If the Federal Reserve had stress tested Silicon Valley Bank, Silicon Valley Bank would have passed. It would have passed. You know why? Because the Federal Reserve and its stress testing in 2022 didn't stress test interest rate risk. They just stress tested credit risk.”

“So, it wasn't a question of something that Congress did or didn't do. Under the regulations we passed, we put the Federal Reserve in charge of checking these banks for duration or interest rate risk. And the Federal Reserve chose not to do so.” 

“The bank’s failure was the result of inadequate supervision by the Federal Reserve and the other banking regulators in the Biden Administration. Congress had nothing to do with it.” 

Kennedy’s full remarks are here.

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Judiciary Committee, today introduced the Fairness in Fentanyl Sentencing Act of 2023 to crack down on fentanyl trafficking by lowering the threshold required for minimum sentencing in light of the drug’s potency relative to other substances.

The current mandatory minimum threshold does not reflect the substance’s capacity to end lives. For reference, the Drug Enforcement Administration (DEA) states that a mere two milligrams of fentanyl—which can fit on the tip of a pencil—can kill a person. As a result, a lower quantity of fentanyl should trigger a mandatory minimum sentence.

“Fentanyl is 50 times more powerful than heroin. It’s killing Americans, and the justice system needs to make sure that the criminals who are blanketing our communities with fentanyl get sentenced appropriately. The Fairness in Fentanyl Sentencing Act would bring justice to the Louisiana families who have lost loved ones to this scourge,” said Kennedy.

Sens. Lindsey Graham (R-S.C.), Ted Cruz (R-Texas), Tom Cotton (R-Ark.) and Katie Britt (R-Ala.) cosponsored the legislation.

“Current federal mandatory minimums are drastically out of step with the deadly threat fentanyl poses to American lives. Fentanyl-related overdoses kill 70,000 Americans each year and cause a new 9/11 every two weeks. I’m glad to work with my colleagues on this legislation. We know that even a miniscule amount of fentanyl can be lethal. It’s time the federal code treat fentanyl for what it is: a weapon of mass destruction,” said Graham. 

“Fentanyl kills over 70,000 Americans each year and is more powerful than most other drugs, but federal sentences for fentanyl trafficking don’t currently reflect its immense threat. We should strengthen these penalties and ensure fentanyl traffickers face the consequences of their crimes,” said Cotton.

“Fentanyl is stealing lives and devastating families in every corner of Alabama and America. This crisis is infiltrating our schools and our communities, and it is past time that we hold the criminals profiting off of this poison accountable. This legislation is an important part of comprehensively addressing the supply of and demand for fentanyl in our country, so we can keep our children safe and our future strong,”said Britt.

Current mandatory minimum sentences for fentanyl trafficking only apply when a trafficker possesses 40 grams or more of fentanyl or 10 grams or more of a fentanyl analogue. The Fairness in Fentanyl Sentencing Act of 2023 would reduce the threshold of possession for minimum prison sentences to two grams of fentanyl or 0.5 grams of a fentanyl analogue.

Background:

  • Fentanyl is now the leading cause of death among Americans ages 18-45.
  • The CDC states that deaths from fentanyl and fentanyl analogues increased 56% from 2019-2020. According to data, that number is expected to increase for 2021. 
  • Last year, the DEA seized enough fentanyl to kill 379 million people—more than the entire U.S. population.

Full text of the bill is available here.

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Judiciary Committee, today joined Sen. Lindsey Graham (R-S.C.) in introducing the Respect for the Second Amendment Act to protect an individual’s right to keep and bear arms. 

The legislation would codify the Supreme Court’s landmark decision in New York State Rifle & Pistol Association Inc. v. Bruen. 

“Congress has the ability to use its authority to guard against state overreach—and that is what this bill does. At a time when the constitutional right to keep and bear arms is under attack in courtrooms throughout America, we must ensure that the Supreme Court’s decision about the Second Amendment is not only legal precedent but that the law preserves it forever,” said Kennedy.

“The Supreme Court has spoken very clearly in Heller and Bruen on the Second Amendment: We have an individual right to own a gun,” Kennedy added.

On the topic of gun ownership, the senator said, “I own several. I also believe that love is the answer, but I do, I own a hand gun just in case.”

“I am very pleased that all Senate Judiciary Republicans are speaking with one voice when it comes to supporting the Second Amendment rights recognized by the Supreme Court in the Heller and Bruen decisions. Now more than ever, it is important that Congress recognize and support that the Second Amendment is an individual right and that the right to bear arms to defend oneself is an integral part of American society. With this bill, we are ensuring that the rights affirmed by the Supreme Court are part of the federal code—and preventing a future Supreme Court from reversing this decision. The Respect for the Second Amendment Act will memorialize the holdings in these landmark Supreme Court cases and provide further protection to the Second Amendment,” said Graham.

The Respect for the Second Amendment Act would:

  • Create public and private rights of action against any person who seeks to enforce a law, rule or ordinance that violates the constitutional right of an individual to manufacture for personal use, acquire, possess, own, carry, transport or use a privately owned firearm or privately owned ammunition unless that law is consistent with the U.S. Constitution and history of firearm regulation.
  • Prohibit states from rejecting firearms licenses on the sole basis of the license originating under another state’s jurisdiction.
  • Eliminate 18 U.S. Code § 927 so that, on a case-by-case basis, Congress can override state law when it proves an unconstitutional attempt to override the Second Amendment.

Background:

  • New York State Rifle & Pistol Association Inc. v. Bruen brought into question the constitutionality of a New York state law, known as the Sullivan Act, which required those who applied for a concealed carry license to show a special cause for getting a license.
  • The Court held that “New York’s proper-cause requirement violate[d] the Fourteenth Amendment by preventing law-abiding citizens with ordinary self-defense needs from exercising their Second Amendment right to keep and bear arms in public for self-defense.” 

Full text of the bill is available here.

WASHINGTON – Sen. John Kennedy (R-La.) today joined Sen. Cindy Hyde-Smith (R-Miss.) in introducing the Equal Rights Amendment (ERA) Resolution to recognize that Congress does not have the authority to deem the ERA as a ratified amendment to the Constitution.

The ERA Resolution is a check against an illegitimate effort, S.J.Res.4, that attempts undo the deadline that Congress set in 1972, when the amendment was sent to the states for ratification. 

“Radical lawmakers cannot erase women or their rights from our Constitution. This attempt is legally and morally wrong and would unleash a Pandora’s box of harmful legal implications. Nor can they replace a deadline that passed long ago. This resolution makes clear what most of us already know: The deadline for states to ratify the Equal Rights Amendment has long passed and was rightfully rejected,” said Kennedy.

“The law and the facts outlined in this resolution are clear. Congress has no authority to go back in time to revive a failed constitutional amendment, which makes the current push to ratify the Equal Rights Amendment wrong on its face. Beyond the illegitimacy of trying to resurrect the ERA, we cannot ignore the very serious effects adding the ERA to our Constitution today would have on abortion, religious liberty, protections for women, and more,” said Hyde-Smith.

Sens. James Lankford (R-Okla.), Ted Cruz (R-Texas), Tom Cotton (R-Ark.), Markwayne Mullin (R-Okla.), J.D. Vance (R-Ohio), Bill Cassidy, M.D. (R-La.), Pete Ricketts (R-Neb.), Marco Rubio (R-Fla.) and John Boozman (R-Ark.) also cosponsored the resolution.

The resolution recognizes that:

  • The role that Congress had in the constitutional amendment process for the ERA concluded once the amendment was submitted to the states.
  • The ERA was not ratified to the Constitution because the deadline passed without having the necessary support from three-fourths of states.
  • Congress does not have the authority to change a resolution that proposes a constitutional amendment after it is submitted to the states or after the deadline is reached.
  • In order for the ERA to be ratified in a legitimate manner, the process must follow Article V of the Constitution, which requires a re-introduction of the amendment with the same or modified language in addition to being approved by two-thirds of both the House and Senate. 

The potential ramifications of ratifying the Equal Rights Amendment include:

  • Legalizing abortion on demand.
  • Prohibiting schools from allowing separate-sex athletic teams.
  • Prohibiting separate prisons for male and female prisoners.
  • Prohibiting separate public restrooms for males and females.
  • Requiring women to register for the draft.
  • Requiring public funding for sex-reassignment surgeries based on the argument that denying coverage would constitute sex discrimination.
  • Requiring doctors to provide puberty blockers to children who claim to identify as transgender.
  • Prohibiting religious organizations from having single-sex membership.

Of the 35 states that ratified the ERA before the deadline, four voted to rescind their ratifications.

Full text of the resolution is available here.

Watch Kennedy’s remarks here, and read his op-ed here.

WASHINGTON – Sen. John Kennedy (R-La.) today spoke on Fox News and penned an op-ed urging Germany, Europe’s economic leader, to fulfill its promises to shore up Ukraine’s defenses against Russia’s attacks. Kennedy also emphasized the need for Germany to become less dependent on Russian energy.

Below are key excerpts from Kennedy’s piece:

“During his recent visit to the United States, German Chancellor Olaf Scholz promised that his country would soon begin spending 2% of its annual budget on defense.”

. . . 

“By every measure, Germany—the economic leader of Europe—is failing to pull its weight. Its current spending by share of GDP wouldn’t even place Germany in the top 10 nations in terms of financial support for Ukraine.

“Estonia, Latvia, Lithuania, and Poland have all provided more than double what Germany has given to Ukraine by share of GDP. But countries don’t need proximity to Russia to outspend Germany.”

. . .

“Not only has Germany been slow to pull out its pocketbook, but it appears to be in no rush to send weapons, either. Germany delayed sending its Leopard 2 tanks to Ukraine for weeks while haggling with the Biden administration. Scholz would only agree to send the tanks if the United States first committed to sending its M1 Abrams.

“Before moving an inch, Germany demands the United States move a mile. And so far, the Biden administration appears to be playing along.

“Germany would be wise to consider where it was one year ago. As Putin’s men rapidly approached Kyiv, Germany’s military was in shambles.” 

. . .

“Chancellor Scholz called the moment a turning point for Germany. He promised to increase defense spending by 2% while also recruiting an additional 30,000 men and women to join the Bundeswehr by 2025.” 

. . . 

“But its defense spending has hardly peaked above 1.5 percent. Experts doubt it will reach the goal of recruiting 30,000. And the Very High Readiness Task Force still lacks the personnel or equipment to deploy within 72 hours.”

. . .

“Germany had foolishly placed its energy security in Russia’s hands in the years leading up to the war in Ukraine. In theory, Germany buying natural gas from Russia was supposed to endear Putin to the west. In practice, all it did was make Germany dependent on Russia.

“And when Russia started the war, it wasn’t Germany that turned away Russian energy; Russia flipped the switch and left Germany in the cold.”

. . .

“But Germany didn’t learn its lesson. In the same way it relied on Russia for energy, Germany is relying on everyone else to support Ukraine and keep Putin at bay.”

. . .

“It’s time for our friends in Germany to deliver on their promises to Ukraine and start footing the bill for their own defense. With a full year of war already gone, Germany must start acting like the European leader it claims to be.”

Read Kennedy’s op-ed here.

Watch Kennedy’s comments here.

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today spoke on the Senate floor about the Biden administration’s response to recent bank failures. 

Key comments from Kennedy’s speech include:

“When I ran for this office in 2016, I observed at that time that . . . we had too many undeserving people at the top in America getting bailouts, and we had too many undeserving people at the bottom getting handouts. And the rest of America—most of America in the middle—was getting the bill, and I didn't think that was fair. And apparently it’s still the case today, Mr. President, and I still don't think it's fair.”

"Now President Biden chose to bail out three of our banks. It was a bail out. You can pretty it up any way you want to, and you can put perfume on a pig, but it still smells like a pig. This was a bailout.”

“It was a bailout for two reasons. Number one, except for the people who own the stock in the banks and their unsecured creditors, President Biden and his regulators guaranteed that nobody affiliated with these banks would have any losses. And he said, ‘That's not a bailout because money's not being provided by the American people. It's being provided by all the other banks in America.’”

“Well, Mr. President, as you know as well as I do, there is no money fairy. There isn't anything free. . . . Those banks . . . they're just going to pass on those costs . . . and, last time I checked, most depositors in banks in America are taxpayers as well.”

“Now, let me let me say a word about Silicon Valley Bank. All the bank failures were an abomination, but I think Silicon Valley Bank is symptomatic of the problem among all three. . . . First of all, Silicon Valley Bank was not broke. It was not an insolvency problem. It wasn’t insolvent. Silicon Valley Bank had a liquidity problem.”

“I mean, here's what happened: Silicon Valley Bank took in a whole bunch of deposits on which they were paying an interest rate, and then Silicon Valley Bank took that money and went out and bought a bunch of securities paying a higher interest rate than Silicon Valley Bank was paying the depositors.”

“You say, ‘That's pretty smart.’”

“There's just one problem. The securities that Silicon Valley Bank bought were very sensitive to interest rates, and, as interest rates went up—and they have—the value of those securities went down if Silicon Valley Bank had to sell them.”

“And, sure enough, Silicon Valley Bank got itself on the position of having to sell them because a lot of its depositors got scared about the bank’s position, and other reasons, and said, ‘We want our money back.’”

“And Silicon Valley Bank didn't have the money because it had to go sell these securities at a loss, and that put it at risk. And that's why we had had a liquidity problem that could have been fixed. It wasn't broke.”

“President Biden's bailout could have been avoided if one or more of three things had happened.”

“Number one: If the management of Silicon Valley Bank had known the difference between a banking textbook and an L.L. Bean catalog, Silicon Valley Bank would have never bought securities that are so sensitive to interest rate[s] without hedging that risk, and it's a very easy thing to do.”

“Number two, okay. Silicon Valley Bank management did it . . . The regulators didn't catch it. There's been a lot of talk about ‘Silicon Valley Bank wasn't being regulated because of a bill passed back in 2018 or 2019.’ That's not true. Silicon Valley Bank was heavily regulated. It had to file regular reports with the federal banking regulators. It was subjected to stress testing. It was subjected to liquidity stress testing.”

“All regulators had to do was read the reports that Silicon Valley Bank was submitting, and they would have seen the problem. You know who saw the problem, way back in November and October? Stock analysts in the private sector that were covering Silicon Valley Bank warned way back last fall—they said, ‘You know what? This bank is . . . setting itself up for a potential liquidity problem.’ The private sector knew it.”

“Where were the regulators? Where were they? You couldn't have found them with a search party. I guess they were asleep, but this whole debacle could have been avoided if the regulators had just done their job and stepped in and said, ‘Silicon Valley Bank, what you're doing is dumb, and you can't do it anymore.’ That would have avoided it.”

“The third thing that could have avoided the president’s bailout . . . The Federal Reserve, the Secretary of Treasury, the head of the FDIC, and all the other regulators allowed the bank to go on instead, instead of getting on the telephone, and calling other banks and saying, ‘I've got a situation here with Silicon Valley Bank. It's not insolvent. It’s just illiquid. We want you to buy it.’ That's what normally happens, and that's all the regulators had to do.”

“Now, why didn't they do that? There's been a lot of talk about, well, they had an auction for the bank, and nobody wanted it. That's not true. There were buyers, but the problem was that the people at the FDIC do not like bank mergers.”

“Some bank mergers make sense. Some bank mergers don't make sense. In this case, it would have made extraordinary sense. And, so, the folks at the FDIC stalled and re-stalled, and then we had mass panic.”

Kennedy’s full comments are here.

WASHINGTON – Sen. John Kennedy (R-La.) today joined Sen. Joni Ernst (R-Iowa) in introducing the Modification to Department of Defense (DoD) Travel Authorities for Abortion-Related Expenses Act of 2023. The legislation would restrict the Secretary of Defense’s ability to provide paid leave and transportation for service members or their dependents to seek an abortion.

The bill would amend the department’s travel statute to eliminate a loophole that the DoD is exploiting. The legislation would ensure that the department's policies would reflect the current law and intent of the Hyde Amendment.

“At every turn the Biden administration is trying to use taxpayer dollars to fund unfettered access to abortion—even at the Defense Department. This bill would end the loophole that the DoD is abusing and reinforce current law,” said Kennedy.

“The Pentagon should not be mobilized against the unborn. The Department of Defense exists to defend life, not destroy it. Biden DoD’s policy is not just unlawful, it’s immoral. Congress has been clear; the Hyde Amendment protects taxpayers from being forced to fund abortions. I will continue to ensure the unborn and your tax dollars are protected,”said Ernst.

Sens. Roger Wicker (R-Miss.), John Barrasso (R-Wyo.), Marsha Blackburn (R-Tenn.), John Boozman (R-Ark.), Mike Braun (R-Ind.), Katie Britt (R-Ala.), Ted Budd (R-N.C.), Bill Cassidy (R-La.), John Cornyn (R-Texas), Tom Cotton (R-Ark.), Kevin Cramer (R-N.D.), Mike Crapo (R-Idaho), Steve Daines (R-Mont.), Deb Fischer (R-Neb.), Lindsey Graham (R-S.C.), Bill Hagerty (R-Tenn.), Josh Hawley (R-Mo.), John Hoeven (R-N.D.), Cindy Hyde-Smith (R-Miss.), James Lankford (R-Okla.), Mike Lee (R-Utah), Cynthia Lummis (R-Wyo.), Markwayne Mullin (R-Okla.), Pete Ricketts (R-Neb.), Jim Risch (R-Idaho), Mike Rounds (R-S.D.), Marco Rubio (R-Fla.), Eric Schmitt (R-Mo.), Rick Scott (R-Fla.), Tim Scott (R-S.C.), John Thune (R-S.D.), Thom Tillis (R-N.C.), Tommy Tuberville (R-Ala.) and J.D. Vance (R-Ohio) also cosponsored the legislation. 

 Full bill text is available here