CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 474· Senate(119-SAMDT-474)

S.Amdt. 474

Rep. Schatz
Age: 54 years
Hawaii
Introduced
2/20/2025
Sponsored by
Brian Schatz
Cosponsors
Democrat - 2Republican - 0
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

This amendment was submitted by Mr. Schatz, along with Mr. Whitehouse and Mr. Heinrich. Its purpose is to add a deficit-neutral reserve fund relating to American housing affordability to the concurrent resolution.

To put it in plain English, this amendment allows the Chairman of the Senate Committee on the Budget to change financial levels and targets for future legislation. These changes can be made for bills, resolutions, or amendments that deal with making American housing more affordable.

The text specifically notes that this can include making communities more resilient to extreme weather and disasters, such as wildfires, floods, and hurricanes.

There is one big catch that we should hold our officials accountable to: any legislation passed using this fund must not increase the deficit over the total period of fiscal years 2025 through 2034.