Text of Senate Amendment 1081

Text of Senate Amendment 1081

Congressional Record, Volume 171 Issue 34 (Thursday, February 20, 2025) [Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)] [Senate] [Pages S1281-S1282] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1081. Ms. WARREN submitted an amendment intended to be proposed by her to the concurrent resolution S. Con. Res. 7, 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; which was ordered to lie on the table; as follows: [[Page S1282]] At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST LEGISLATION THAT WOULD DISRUPT THE SMOOTH-FUNCTIONING OF THE MORTGAGE MARKET. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would cut necessary funding for or otherwise prevent the Bureau of Consumer Financial Protection from calculating and publishing the Average Prime Offer Rate that supports the functioning of the mortgage market. (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______