Amendment · S.Amdt. 1072· Senate(119-SAMDT-1072)
S.Amdt. 1072
- Introduced
- 2/20/2025
- Sponsored by
- Elizabeth Warren
- 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.
- Introduced
- Pending Consideration
What this amendment would do
As your legislative analyst, let's break down what Senator Warren is trying to do here in plain English. She submitted an amendment, known as SA 1072, to the congressional budget resolution for fiscal year 2025.
What It Aims to Do
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Creates a new rule: The amendment adds a new point of order in the Senate.
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Protects homebuyers: It aims to block the Senate from considering any bill, resolution, motion, amendment, or conference report that would raise mortgage rates for American families.
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Sets a high bar for waivers: If someone wants to bypass this rule and pass something that raises those rates, it would take a three-fifths affirmative vote of the Senators chosen and sworn to waive it or to sustain an appeal of the Chair's ruling.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors