S.Amdt. 207

Mr. Reed, along with several other senators, submitted SA 207 to the 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.

What It Aims to Change or Add

The amendment adds a new section at the end of title III titled DEFICIT-NEUTRAL RESERVE FUND RELATING TO HOME ENERGY ASSISTANCE FOR LOW-INCOME HOUSEHOLDS.

It allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, and other appropriate levels in the resolution. It also allows the Chairman to make adjustments to the pay-as-you-go ledger.

These changes are for legislation relating to ensuring low-income households have access to energy assistance. This is to account for high energy costs or the impact of any new tariffs on the cost of heating oil, delivered fuels, or other forms of energy. This may include home energy assistance under the Low-Income Home Energy Assistance Program.

The legislation must meet the requirement that it would not increase the deficit over the total period of fiscal years 2025 through 2034.