DemocratAmendment · S.Amdt. 835· Senate(119-SAMDT-835)

S.Amdt. 835

Rep. Rosen
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.
  1. Introduced
  2. 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

  • The amendment sets up a deficit-neutral reserve fund.

  • 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.

  • These changes are meant for bills or amendments related to supporting programs that reduce barriers to homeownership.

The Purpose

  • The stated purpose is to help fund programs that make it easier for people to buy a home.

  • 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.