CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 246· Senate(119-SAMDT-246)

S.Amdt. 246

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

Mr. Van Hollen submitted this amendment, known as SA 246, to the congressional budget for the United States Government for fiscal year 2025.

What It Aims to Change or Add

  • The amendment adds a new section to the bill regarding a deficit-neutral reserve fund.
  • It allows the Chairman of the Committee on the Budget of the Senate to make adjustments and revise allocations.
  • These changes are for legislation related to closing tax loopholes for millionaires and billionaires.
  • The legislation must also support tax relief for taxpayers earning under $400,000 a year.
  • Any such legislation must not increase the deficit over the total periods of fiscal years 2025 through 2029 or fiscal years 2025 through 2034.