DemocratAmendment · S.Amdt. 984· Senate(119-SAMDT-984)

To modify the provision relating to the general reserve fund.

Rep. Kelly
Age: 62 years
Arizona
Introduced
2/20/2025
Last activity
2/21/2025 — Amendment SA 984 not agreed to in Senate by Voice Vote.
Sponsored by
Mark Kelly
Cosponsors
Democrat - 2Republican - 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.
  1. Introduced
  2. Failed

What this amendment would do

Mr. Kelly, along with Mr. Merkley and Mr. Schatz, proposed an amendment numbered SA 984 to the concurrent resolution S. Con. Res. 7 for the fiscal year 2025 congressional budget.

Purpose and Changes

The amendment aims to change the text of the resolution starting on page 52, line 20 through page 53, line 6. It replaces it with a new section concerning a deficit-neutral reserve fund for legislation that does not increase tax breaks for the wealthy.

  • Allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, other appropriate levels, and make adjustments to the pay-as-you-go ledger for certain legislation.
  • Requires that the legislation does not reduce the average tax liability of taxpayers with income over $100,000,000.
  • Requires that the legislation would not increase the deficit over the total period of fiscal years 2025 through 2034.