S.Amdt. 708
What it does: Adds SEC. ___. RESERVE FUND TO END OFFSHORE TAX ABUSES BY LARGE CORPORATIONS at the end of title III
Sen. Carl Levin (D-MI)What it changes
1 change to S.Con.Res. 8 · shown in the resolution's text
Adds SEC. ___. RESERVE FUND TO END OFFSHORE TAX ABUSES BY LARGE CORPORATIONS at the end of title III
Adds a sectionIn S.Con.Res. 8 · Placed on Calendar Senate
The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would reduce inefficient overlap, improve access, and enhance outcomes with Federal workforce development, job training, and reemployment programs, 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 2013 through 2018 or the period of the total of fiscal years 2013 through 2023.
Inserted: SEC. ___. RESERVE FUND TO END OFFSHORE TAX ABUSES BY LARGE CORPORATIONS.
Inserted: The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other appropriate levels and limits in this resolution for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports related to corporate income taxes, which may include measures to end offshore tax abuses used by large corporations or measures providing for comprehensive tax reform that ensures a revenue structure that is more efficient, leads to a more competitive business environment, and may result in additional rate or deficit reductions, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2013 through 2018 or the period of the total of fiscal years 2013 through 2023.
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 708. Mr. LEVIN (for himself, Mr. Hatch, Mr. McCain, Mr. Whitehouse, Mr. Harkin, Mr. Manchin, Mr. Blumenthal, and Mr. Kaine) submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 8, setting forth the congressional budget for the United States Government for fiscal year 2014, revising the appropriate budgetary levels for fiscal year 2013, and setting forth the appropriate budgetary levels for fiscal years 2015 through 2023; which was ordered to lie on the table; as follows:
At the end of title III, add the following:
SEC. ___. RESERVE FUND TO END OFFSHORE TAX ABUSES BY LARGE CORPORATIONS.
The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other appropriate levels and limits in this resolution for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports related to corporate income taxes, which may include measures to end offshore tax abuses used by large corporations or measures providing for comprehensive tax reform that ensures a revenue structure that is more efficient, leads to a more competitive business environment, and may result in additional rate or deficit reductions, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2013 through 2018 or the period of the total of fiscal years 2013 through 2023.
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Senate amendment submitted
March 22, 2013