CONGRESS FOR VOTERS

John Reed (D-RI)

S.Amdt. 709

S.Amdt. 709 · Senate amendment

A Democratic amendment with 6 Democratic cosponsors · See all 6 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

This amendment would add a reserve fund to the congressional budget resolution.

  • The Chairman of the Committee on the Budget of the Senate would be permitted to change the budget levels for specific legislative actions.
  • These actions include bills, joint resolutions, amendments, motions, or conference reports, which is a formal agreement between the House and Senate, that relate to building 5,000,000 new housing units.
  • The changes could include investments in the Housing Trust Fund established under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.
  • The changes could also include investments in the HOME Investment Partnerships program under the Cranston-Gonzalez National Affordable Housing Act.
  • Additionally, the changes could include investments meant to lower regulatory barriers to new home construction by the amounts provided in such legislation.