Amendment · S.Amdt. 760· Senate(119-SAMDT-760)
S.Amdt. 760
Age: 77 years
Massachusetts
- Introduced
- 2/20/2025
- Sponsored by
- Elizabeth Warren
- Cosponsors
- - 1 - 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.
- Introduced
- Pending Consideration
What this amendment would do
As folks keeping an eye out for the everyday people, we need to know what our elected officials are up to with our money. Here is the plain-language breakdown of what this amendment is all about based strictly on the text provided.
What the Amendment Does
This amendment was submitted by Ms. WARREN (along with Mr. Markey). It is officially known as SA 760, and it is tied to the congressional budget for fiscal year 2025.
Here is what it aims to do:
- It adds a new section to the end of title III.
- It sets up a deficit-neutral reserve fund.
- The specific purpose is protecting Federal funding for offshore wind projects in the Commonwealth of Massachusetts.
How It Works
- It gives the Chairman of the Committee on the Budget of the Senate the power to change certain financial allocations, aggregates, and other levels.
- It allows adjustments to the pay-as-you-go ledger for bills, joint resolutions, amendments, motions, or conference reports.
- The catch is that any legislation using these funds would not increase the deficit over the total period from fiscal year 2025 through 2034.
- 2/20/2025
- 1 Cosponsor added.
- Senate amendment submitted
Edward MarkeyDemocrat · Massachusetts