S.Amdt. 2908
What it does: Rewrites page 68, lines 17–20
Sen. Gordon H. Smith (R-OR)What it changes
1 change to S. 1637
Rewrites page 68, lines 17–20
ReplacesPrinted pageRemoves page 68, lines 17–20 of the printed bill. See that page
Inserted: (4) Base period amount.--For purposes of this subsection, the base period amount is the average FSC/ETI benefit for the taxpayer's taxable years beginning in calendar years 2000, 2001, and 2002.
Original wording
On page 68, strike lines 17 through 20, and insert:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2908. Mr. SMITH submitted an amendment intended to be proposed by him to the bill S. 1637, to amend the Internal Revenue Code of 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 68, strike lines 17 through 20, and insert:
(4) Base period amount.--For purposes of this subsection, the base period amount is the average FSC/ETI benefit for the taxpayer's taxable years beginning in calendar years 2000, 2001, and 2002.
Legislative Activity
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Senate amendment submitted
March 23, 2004