Text of Senate Amendment 5370

On 2026-04-22, Senator Jack Reed (D-RI) delivered a floor speech titled "Text Of Senate Amendment 5370" in the Senate. The speech addressed housing. It referenced legislation: S2028.

Text of Senate Amendment 5370

Congressional Record, Volume 172 Issue 71 (Wednesday, April 22, 2026) [Congressional Record Volume 172, Number 71 (Wednesday, April 22, 2026)] [Senate] [Page S2028] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 5370. Mr. REED submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 33, setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035; which was ordered to lie on the table; as follows: At the end of title III, add the following: SEC. 3___. RESERVE FUND RELATING TO BUILDING 5,000,000 NEW HOMES. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to building 5,000,000 new housing units, which may include investments in the Housing Trust Fund established under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4568) or the HOME Investment Partnerships program under subtitle A of title II of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12741 et seq.) or investments to lower regulatory barriers to new home construction, by the amounts provided in such legislation for those purposes. ______