An amendment to reduce tax cuts for taxpayers with an adjusted gross income in excess of $1 million for taxable year 2006 by 8.125 percent and to use the resulting savings to increase funding for Veterans' Health Care benefits.
What it does: Adds Sec. 409. In the case of taxpayers with an adjusted gross income in excess of $1,000,000 for taxable year 2006, the amount of tax reduction resulting from the enactment of the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107-16) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (Public Law 108-27) shall be reduced by 8.125 percent at the end of the bill
Rep. David R. Obey (D-WI)What it changes
1 change to H.R. 2528
We couldn't match these changes to the text of H.R. 2528, so they're shown as written.
We couldn't read part of this amendment. That part is shown as written below.
Adds Sec. 409. In the case of taxpayers with an adjusted gross income in excess of $1,000,000 for taxable year 2006, the amount of tax reduction resulting from the enactment of the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107-16) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (Public Law 108-27) shall be reduced by 8.125 percent at the end of the bill
Adds a sectionInserted: Sec. 409. In the case of taxpayers with an adjusted gross income in excess of $1,000,000 for taxable year 2006, the amount of tax reduction resulting from the enactment of the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107-16) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (Public Law 108-27) shall be reduced by 8.125 percent.
Original wording
At the end of the bill (before the short title) add the following new section:
Shown as written
Page 31, line 1, relating to VA compensation and pensions, insert after the dollar amount the following: “(increased by $26,000,000)”.
Page 34, line 21, relating to VA medical services, insert after the dollar amount the following: “(increased by $1,500,000,000)”.
Page 36, line 9, relating to VA medical administration, insert after the dollar amount the following: “(increased by $500,000,000)”.
Page 37, line 1, relating to VA medical facilities, insert after the dollar amount the following: “(increased by $300,000,000)”.
Page 37, line 8, relating to VA medical and prosthetic research, insert after the dollar amount the following: “(increased by $67,000,000)”.
Page 37, line 20, relating to VA general operating expense, insert after the dollar amount the following: “(increased by $11,000,000)”.
Page 39, line 16, relating to major construction projects, insert after the dollar amount the following: “(increased by $150,000,000)”.
Page 41, line 11, relating to minor construction projects, insert after the dollar amount the following: “(increased by $51,000,000)”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 31, line 1, relating to VA compensation and pensions, insert after the dollar amount the following: “(increased by $26,000,000)”.
Page 34, line 21, relating to VA medical services, insert after the dollar amount the following: “(increased by $1,500,000,000)”.
Page 36, line 9, relating to VA medical administration, insert after the dollar amount the following: “(increased by $500,000,000)”.
Page 37, line 1, relating to VA medical facilities, insert after the dollar amount the following: “(increased by $300,000,000)”.
Page 37, line 8, relating to VA medical and prosthetic research, insert after the dollar amount the following: “(increased by $67,000,000)”.
Page 37, line 20, relating to VA general operating expense, insert after the dollar amount the following: “(increased by $11,000,000)”.
Page 39, line 16, relating to major construction projects, insert after the dollar amount the following: “(increased by $150,000,000)”.
Page 41, line 11, relating to minor construction projects, insert after the dollar amount the following: “(increased by $51,000,000)”.
At the end of the bill (before the short title) add the following new section:
Sec. 409. In the case of taxpayers with an adjusted gross income in excess of $1,000,000 for taxable year 2006, the amount of tax reduction resulting from the enactment of the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107-16) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (Public Law 108-27) shall be reduced by 8.125 percent.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
House amendment offered
May 26, 2005
View full timeline
House amendment offered
May 26, 2005
House amendment offered/reported by : Amendment (A004) offered by Mr. Obey.(consideration: CR H4105-4106; text: CR H4105)
May 26, 2005 • 1:24 PM
Amendment (A004) offered by Mr. Obey. (consideration: CR H4105-4106; text: CR H4105)
May 26, 2005 • 1:24 PM
Mr. Walsh raised a point of order against the Obey amendment (A004). Mr. Walsh stated that the provisions of the Obey amendment seek to change existing law and constitute legislation in an appropriations bill. The Chair sustained the point of order.
May 26, 2005 • 1:27 PM