S.Amdt. 3422

SA 3422. Ms. MURKOWSKI (for herself and Mr. Begich) submitted an
amendment intended to be proposed to amendment SA 3336 proposed by Mr.
Baucus to the bill H.R. 4213, to amend the Internal Revenue Code of
1986 to extend certain expiring provisions, and for other purposes;
which was ordered to lie on the table; as follows:

On page 268, between lines 11 and 12, insert the following:

SEC. ___. PERMANENT EXTENSION OF ELECTIVE TAX TREATMENT FOR
ALASKA NATIVE SETTLEMENT TRUSTS.

(a) In General.--Section 901 of the Economic Growth and Tax
Relief Reconciliation Act of 2001 (relating to sunset
provisions) shall not apply to the provisions of, and
amendments made by, section 671 of such Act (relating to tax
treatment and information requirements of Alaska Native
Settlement Trusts).
(b) Effective Date.--The amendments made by this section
shall be effective upon the date of enactment of this Act.
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