CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 552· Senate(119-SAMDT-552)

S.Amdt. 552

Rep. Welch
Age: 79 years
Vermont
Introduced
2/20/2025
Sponsored by
Peter Welch
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

Mr. Welch submitted this amendment, known as SA 552, to the concurrent resolution on the budget for fiscal year 2025. It deals with how we handle our money when it comes to energy costs.

What It Aims to Change or Add

The amendment adds a new section to the end of title III of the budget resolution. Here is what it sets up:

  • It creates a deficit-neutral reserve fund focused on lowering energy costs for regular American households and small businesses.
  • It lets the Chairman of the Senate Committee on the Budget change committee allocations and other financial levels.
  • These changes can be made for legislation dealing with lowering energy costs, which might include investments in renewable energy like wind, solar, geothermal, or hydroelectric power.
  • There is a strict rule attached: the legislation cannot increase the deficit over the total period from fiscal year 2025 through 2034.