Jeanne Shaheen (D-NH)

S.Amdt. 415

S.Amdt. 415 · Senate amendment

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

  1. Introduced
  2. Pending Consideration

What this amendment would do

Mrs. Shaheen submitted amendment SA 415, which proposes adding a new section to title III of the concurrent resolution.

The purpose of this amendment is to set up a deficit-neutral reserve fund relating to making housing more affordable. It aims to allow the Chairman of the Committee on the Budget of the Senate to make changes to financial allocations, aggregates, and the pay-as-you-go ledger for legislation that makes housing more affordable.

To reach that goal, the amendment explicitly mentions that the legislation may include:

  • Providing tax credits to develop housing.
  • Ensuring sweeping tariffs do not increase the cost of housing construction.
  • Preventing Federal staffing cuts which slow needed approvals for permitting of housing development.

This can only happen if the legislation does not increase the deficit over the total period of fiscal years 2025 through 2034.