S.Amdt. 4295
What it does: Adds SEC. ___. EXCLUSION OF EXTENSION OF CAPITAL GAINS AND DIVIDEND TAX RATE REDUCTIONS FROM POINTS OF ORDER at the end of title III
Sen. Jeff Sessions (R-AL)What it changes
1 change to S.Con.Res. 70 · shown in the resolution's text
Adds SEC. ___. EXCLUSION OF EXTENSION OF CAPITAL GAINS AND DIVIDEND TAX RATE REDUCTIONS FROM POINTS OF ORDER at the end of title III
Adds a sectionIn S.Con.Res. 70 · Placed on Calendar Senate
The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other levels in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would authorize salary adjustments for justices and judges of the United States or increase the number of Federal judgeships, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2008 through 2013 or the period of the total of fiscal years 2008 through 2018.
Inserted: SEC. ___. EXCLUSION OF EXTENSION OF CAPITAL GAINS AND DIVIDEND TAX RATE REDUCTIONS FROM POINTS OF ORDER.
Inserted: Section 201 of this resolution (relating to long-term deficits), sections 201 and 202 of the Concurrent Resolution on the Budget for Fiscal Year 2008, S. Con. Res. 21 (relating to pay-as-you-go in the Senate and reconciliation) and sections 302, 311(a)(2)(B), and 313 of the Congressional Budget Act of 1974 shall not apply to any bill, joint resolution, amendment, motion, or conference report that would provide for the extension of reductions in the capital gains and dividend tax rates under the Internal Revenue Code of 1986.
Original wording
At the end of title III, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4295. Mr. SESSIONS (for himself and Mr. Inhofe) submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 70, setting forth the congressional budget for the United States Government for fiscal year 2009 and including appropriate budgetary levels for fiscal years 2008 and 2010 through 2013; which was ordered to lie on the table; as follows:
At the end of title III, add the following:
SEC. ___. EXCLUSION OF EXTENSION OF CAPITAL GAINS AND DIVIDEND TAX RATE REDUCTIONS FROM POINTS OF ORDER.
Section 201 of this resolution (relating to long-term deficits), sections 201 and 202 of the Concurrent Resolution on the Budget for Fiscal Year 2008, S. Con. Res. 21 (relating to pay-as-you-go in the Senate and reconciliation) and sections 302, 311(a)(2)(B), and 313 of the Congressional Budget Act of 1974 shall not apply to any bill, joint resolution, amendment, motion, or conference report that would provide for the extension of reductions in the capital gains and dividend tax rates under the Internal Revenue Code of 1986.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
March 13, 2008