Amendment · S.Amdt. 341· Senate(119-SAMDT-341)
S.Amdt. 341
- Introduced
- 2/20/2025
- Sponsored by
- Maria Cantwell
- 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
Ms. Cantwell submitted this amendment, numbered SA 341, to the concurrent resolution on the budget for the United States Government.
The amendment aims to add a new section to the end of title III of the budget resolution. Specifically, it creates a deficit-neutral reserve fund.
Purpose and Changes
The purpose of this fund is to focus on lowering energy costs for consumers and increasing the reliability and security of American energy systems.
It plans to achieve this by expanding and enhancing Federal tax incentives that promote investments in advanced energy technologies.
The text explicitly lists the following technologies that may be included:
-
hydrogen
-
biofuels
-
energy storage
-
fusion energy
-
advanced nuclear
How It Works in the Budget
The amendment allows the Chairman of the Committee on the Budget of the Senate to make changes. The Chairman can revise committee allocations, aggregates, and other levels in the resolution. They can also adjust the pay-as-you-go ledger for bills, joint resolutions, amendments, or conference reports related to these advanced energy technologies.
There is a strict rule attached to this power: the legislation making these changes must not increase the deficit over the total period from fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors