DemocratAmendment · S.Amdt. 507· Senate(119-SAMDT-507)

S.Amdt. 507

Rep. Klobuchar
Age: 66 years
Minnesota
Introduced
2/20/2025
Sponsored by
Amy Klobuchar
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

As someone who keeps an eye out for you and holds our elected officials accountable, I want to break down this paperwork simply. This text is about an amendment submitted by Ms. Klobuchar, known as SA 507, which was proposed for the concurrent resolution on the federal budget for fiscal year 2025.

What The Amendment Aims To Do

The purpose of this amendment is to add a new section to the budget resolution regarding a deficit-neutral reserve fund. It aims to allow the Chairman of the Senate Committee on the Budget to make adjustments and revise allocations for legislation relating to protecting tax incentives for the production and use of biofuels.

According to the text, these incentives may include:

  • Support for domestic biofuel production

  • Infrastructure development

  • Expanded market access

Keeping Our Wallet In Mind

The big catch here—and this is where we hold them to their word—is that any legislation using this fund would not increase the deficit over the total period of fiscal years 2025 through 2034.