Mr. President, I call up my amendment No. 473 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The legislative clerk read as follows: The Senator from Oregon [Mr. Merkley] proposes an amendment numbered 473. The amendment is as follows: (Purpose: To establish a deficit-neutral reserve fund relating to the impacts of hedge fund ownership of single-family homes and rent prices) At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO REDUCING THE IMPACTS OF HEDGE FUND OWNERSHIP OF SINGLE- FAMILY HOMES AND RENT PRICES. 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 lowering rent for American families, which may include reducing the single-family housing market share of large single-family housing investors or addressing the impact of these investors' activities on housing availability, housing affordability, eviction rates, home maintenance, and gentrification, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034.
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