RepublicanAmendment · S.Amdt. 1022· Senate(119-SAMDT-1022)

S.Amdt. 1022

Rep. Murkowski
Age: 69 years
Alaska
Introduced
2/20/2025
Sponsored by
Lisa Murkowski
Cosponsors
None
Changes bill
119-SCONRES-7 — An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.
  1. Introduced
  2. Pending Consideration

What this amendment would do

As folks looking out for the common good and holding our officials accountable, we need to know what our lawmakers are proposing with our tax dollars. This amendment, numbered SA 1022 and submitted by Ms. Murkowski, deals with the federal budget and sets up what is called a deficit-neutral reserve fund.

Purpose and Changes

  • The amendment aims to add a new section to title III of the budget resolution.
  • It allows the Chairman of the Senate Committee on the Budget to change spending allocations and make adjustments for legislation dealing with natural hazards.
  • The covered natural hazards specifically include earthquakes, landslides, tsunamis, and volcanic eruptions, with a focus on high-risk areas.
  • The purpose of this funding is to help with prevention, forecasting, early detection, warning, and recovery.
  • The key rule is that any legislation using this fund must not increase the federal deficit over the combined periods of fiscal years 2025 through 2029 or fiscal years 2025 through 2034.