DemocratAmendment · S.Amdt. 1109· Senate(119-SAMDT-1109)

S.Amdt. 1109

Rep. Van Hollen
Age: 67 years
Maryland
Introduced
2/20/2025
Sponsored by
Chris Van Hollen
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 your legislative analyst, let us break down what Mr. Van Hollen is trying to do with this amendment, SA 1109. Plain and simple, this is about making sure our tax rules are fair and holding officials accountable to working families.

What It Aims to Do

  • Creates a reserve fund: The amendment sets up a deficit-neutral reserve fund for the Senate Committee on the Budget.

  • Changes the math: It allows the Chairman of the Budget Committee to adjust budget levels and the pay-as-you-go ledger for specific legislation.

  • Focuses on taxes: The targeted legislation must relate to closing tax loopholes for billionaires and supporting tax relief for taxpayers earning under $400,000 a year.

  • Protects the budget: The whole point is that any changes made cannot increase the deficit over the periods of fiscal years 2025 through 2029 or fiscal years 2025 through 2034.