A Democratic amendment with no cosponsors
Changes S.Con.Res. 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.
Offered
Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.
Its path through Congress
- Introduced
- Pending Consideration
What this amendment would do
This amendment, submitted by Ms. Cantwell, creates a special funding setup called a deficit-neutral reserve fund focused entirely on expanding the supply of affordable housing.
What It Aims To Change Or Add
The Main Goals
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Allows the Chairman of the Senate Committee on the Budget to change financial allocations and adjustments for future legislation dealing with housing policy.
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Helps fund the expansion and strengthening of the Low-Income Housing Tax Credit.
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Creates Federal incentives to encourage State and local governments to cut down on red tape and regulatory burdens, while putting programs in place to boost the affordable housing supply.
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Strictly requires that any of these housing actions must not increase the federal deficit over the total period of fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors