S.Amdt. 2902

SA 2902. Mr. BOND submitted an amendment intended to be proposed to amendment SA 2886 submitted by Mr. McConnell (for Mr. Frist) to the bill S. 1637, to amend the Internal Revenue Code 1986 to comply with the World Trade Organization rulings on the FSC/ETI benefit in a manner that preserves jobs and production activities in the United States, to reform and simplify the international taxation rules of the United States, and for other purposes; which was ordered to lie on the table; as follows:

On page 218, of Senate amendment no. 2886, strike lines 13 through 19, and insert the following:

(c) Effective Dates.--

(1) In general.--The amendment made by subsection (a) shall apply to transactions after December 31, 2003.

(2) Liquidations.--The amendment made by subsection (b)(1)(B) shall apply to liquidations after December 31, 2003.