DemocratAmendment · S.Amdt. 4909· Senate(119-SAMDT-4909)

S.Amdt. 4909

Rep. Schiff
Age: 66 years
California
Introduced
4/22/2026
Sponsored by
Adam Schiff
Cosponsors
None
Changes bill
119-SCONRES-33 — A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035.
  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 4909, submitted by Mr. Schiff, aims to add a section to title III of S. Con. Res. 33.

The purpose of this amendment is to create a deficit-neutral reserve fund for legislation related to providing tariffs refunds. This could include giving every American taxpayer a $400 refund for tariffs that were illegally collected under the International Emergency Economic Powers Act.

To do this, the Chairman of the Committee on the Budget of the Senate would be allowed to:

  • Revise allocations of committees or aggregates.
  • Make adjustments to the pay-as-you-go ledger.

This is allowed as long as the legislation does not increase the deficit between fiscal years 2026 and 2035.