S.Amdt. 277Senate111th Congress (2009-2011)2nd degree

To reduce income taxes for all working taxpayers.

Submitted February 4, 2009

Legislative Activity

Stay on top of the latest movement without scrolling through every action

6 earlier actions
Floor Latest Action

Senate amendment submitted

February 4, 2009

View full timeline
Floor

Senate amendment submitted

February 4, 2009

Floor

Senate amendment proposed (on the floor): Amendment SA 277 proposed by Senator Cornyn to Amendment SA 98.(consideration: CR S1500-1501, S1527; text: CR S1500)

February 4, 2009

Floor

Roll call votes on amendments in Senate: Motion to waive the Budget Act with respect to amendment SA 277 (Sect. 201, S. Con. Res. 21, 110th Congress) rejected in Senate by Yea-Nay Vote. 37 - 60. Record Vote Number: 42.

February 4, 2009

Floor

Amendment SA 277 proposed by Senator Cornyn to Amendment SA 98. (consideration: CR S1500-1501, S1527; text: CR S1500) To reduce income taxes for all working taxpayers.

February 4, 2009

Floor

Point of order raised in Senate with respect to amendment SA 277.

February 4, 2009

Floor

Motion to waive the Budget Act with respect to amendment SA 277 (Sect. 201, S. Con. Res. 21, 110th Congress) rejected in Senate by Yea-Nay Vote. 37 - 60. Record Vote Number: 42.

February 4, 2009

Floor

Amendment SA 277 ruled out of order by the chair.

February 4, 2009

Text

Submitted

SA 277. Mr. CORNYN submitted an amendment intended to be proposed to
amendment SA 98 proposed by Mr. Inouye (for himself and Mr. Baucus) to
the bill H.R. 1, making supplemental appropriations for job
preservation and creation, infrastructure investment, energy efficiency
and science, assistance to the unemployed, and State and local fiscal
stabilization, for fiscal year ending September 30, 2009, and for other
purposes; which was ordered to lie on the table; as follows:

Beginning on page 435, strike line 4 and all that follows
through page 441, line 15, and insert the following:

SEC. 1001. REDUCTION IN 10-PERCENT RATE BRACKET FOR 2009 AND
2010.

(a) In General.--Paragraph (1) of section 1(i) is amended
by adding at the end the following new subparagraph:
``(D) Reduced rate for 2009 and 2010.--In the case of any
taxable year beginning in 2009 or 2010--
``(i) In general.--Subparagraph (A)(i) shall be applied by
substituting `5 percent' for `10 percent'.
``(ii) Rules for applying certain other provisions.--

``(I) Subsection (g)(7)(B)(ii)(II) shall be applied by
substituting `5 percent' for `10 percent'.
``(II) Section 3402(p)(2) shall be applied by substituting
`5 percent' for `10 percent'.''.

(b) Effective Dates.--
(1) In general.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2008.
(2) Withholding provisions.--Subclause (II) of section
1(i)(1)(D)(ii) of the Internal Revenue Code of 1986, as added
by subsection (a), shall apply to amounts paid after the 60th
day after the date of the enactment of this Act.
______