Mr. Chairman, my amendment No. 89 will prohibit any funds made available in this act from being used to enforce the Federal supplier climate risks and resilience proposed rule. This rule is part of the Biden administration's plan for the Federal Government to reach net-zero procurement. The rule seeks to impose impractical and overly burdensome climate reporting standards on large- and medium-sized government contractors of which small businesses make up 29 percent and 64 percent respectively. Climate and emissions standards should not be integrated into financial reporting, especially for the small businesses who lack the resources to meet these environmentalists' extreme standards. These government contractors play a critical role in providing essential goods and services such as weapons systems to our military and the very uniforms that they wear. Wool from Montana is used in the design and the production of our Army uniforms. Currently, only 10 percent of medium-sized contractors and 31 percent of large contractors disclose their GHG emissions. These reporting requirements represent a substantial burden, especially for contractors who lack the infrastructure to collect emissions data. To comply with these overly burdensome regulations, these small businesses will be required to invest significant amounts of time, money, and manpower to establish entirely new emissions reporting regimes. Such an endeavor will be financially crippling for many of them.…
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