DemocratAmendment · S.Amdt. 5370· Senate(119-SAMDT-5370)

S.Amdt. 5370

Rep. Reed
Age: 77 years
Rhode Island
Introduced
4/22/2026
Sponsored by
John Reed
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 5370, submitted by Mr. Reed, aims to add a section to title III of the concurrent resolution S. Con. Res. 33.

The purpose of this amendment is to create a reserve fund for building 5,000,000 new housing units.

It would allow the Chairman of the Senate Committee on the Budget to adjust budgetary levels, committee allocations, and the pay-as-you-go ledger for legislation related to this goal. This includes:

  • Investments in the Housing Trust Fund.
  • Investments in the HOME Investment Partnerships program.
  • Investments to lower regulatory barriers to new home construction.