Amendment · S.Amdt. 835· Senate(119-SAMDT-835)
S.Amdt. 835
Age: 69 years
Nevada
- Introduced
- 2/20/2025
- Sponsored by
- Jacky Rosen
- 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.
- Introduced
- Pending Consideration
What this amendment would do
As your analyst, let's break down what Senator Rosen is trying to do here with this amendment, labeled SA 835.
What It Does
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The amendment sets up a deficit-neutral reserve fund.
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It allows the Chairman of the Senate Committee on the Budget to change budget allocations and adjust the pay-as-you-go ledger for specific legislation.
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These changes are meant for bills or amendments related to supporting programs that reduce barriers to homeownership.
The Purpose
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The stated purpose is to help fund programs that make it easier for people to buy a home.
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According to the text, these programs may include down payment assistance and first-time homebuyer tax credits.
The Catch
- There is a strict rule attached: any legislation passed using this fund would not increase the deficit over the total period of fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors