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Proposed Change to Defense Spending Bill Regarding Equity Securities

Original title: Text of Senate Amendment 6287

Record date · June 24, 2026

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What This Bill Does

Senator Sullivan has proposed an amendment to the 2027 defense authorization bill. The amendment modifies language concerning within section 815(a)(2) of the bill.

Why it matters

This amendment changes the specific criteria for referenced in the 2027 defense authorization bill (S. 4784), which dictates funding and policy for the Department of Defense and Department of Energy.

Background

S. 4784 is the annual National Defense Authorization Act (NDAA) for fiscal year 2027, which sets policy and funding levels for the U.S. military. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Department of Defense

The agency's fiscal year 2027 appropriations and activities are governed by the underlying bill S. 4784.

Directly affected

Department of Energy

The agency's defense-related activities and funding are governed by the underlying bill S. 4784.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does this amendment do?

It changes the definition of in section 815(a)(2) of the defense authorization bill to specify that they must be listed on a national security exchange.

Has this amendment been passed?

No, the amendment was submitted and , meaning it has not yet been voted on or adopted.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Related Legislation

congressional record

Senate Scheduling Update for S. 4784

The Senate has agreed to delay the vote on a cloture motion for S. 4784 until after the confirmation vote for the Schwartz nomination. This procedural

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Refinement of Security Criteria

The amendment narrows the scope of equity securities subject to the bill's provisions by requiring them to be listed on a national security exchange.

S. 4784 SA 6287

Connected Entities

Department of Defense, Mr. Sullivan, Department of Energy and 1 more

OrganizationDepartment of Defense“Agency affected by the underlying appropriations bill.”Map →

PersonMr. Sullivan“United States Senator who submitted the amendment.”Map →

OrganizationDepartment of Energy“Agency affected by the underlying appropriations bill.”Map →

OrganizationGovernment Publishing Office“Publisher of the Congressional Record.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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