S.Amdt. 597
What it does: Inserts new text on page 281, between lines 2 and 3What it changes
1 change to S. 1054
Inserts new text on page 281, between lines 2 and 3
InsertsPrinted pageInserted: SEC. . REPEAL OF ALTERNATIVE MINIMUM TAX SPECIAL DEDUCTION ADJUSTMENT FOR CERTAIN TAX-EXEMPT ORGANIZATIONS.
Inserted: (a) In General.--Paragraph (3) of section 56(c) (relating to special deduction for certain organizations not allowed) is amended by striking "The" and inserting "Other than for an organization described in paragraph (3) or (4) of section 501(c), the".
Inserted: (b) Effective Date.--The amendment made by subsection (a) shall apply to taxable years beginning after the date of the enactment of this section.
Original wording
On page 281, between lines 2 and 3, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 597. Mrs. CLINTON submitted an amendment intended to be proposed by her to the bill S. 1054, to provide for reconciliation pursuant to section 201 of the concurrent resolution on the budget for fiscal year 2004; which was ordered to lie on the table; as follows:
On page 281, between lines 2 and 3, insert the following:
SEC. . REPEAL OF ALTERNATIVE MINIMUM TAX SPECIAL DEDUCTION ADJUSTMENT FOR CERTAIN TAX-EXEMPT ORGANIZATIONS.
(a) In General.--Paragraph (3) of section 56(c) (relating to special deduction for certain organizations not allowed) is amended by striking “The” and inserting “Other than for an organization described in paragraph (3) or (4) of section 501(c), the”.
(b) Effective Date.--The amendment made by subsection (a) shall apply to taxable years beginning after the date of the enactment of this section.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
May 14, 2003