S.Amdt. 685
What it does: Adds SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO MAKING PERMANENT THE EXPENSING LIMITATIONS APPLICABLE FOR 2014 FOR SECTION 179 PROPERTY wherever appropriateWhat it changes
1 change to S.Con.Res. 11
Adds SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO MAKING PERMANENT THE EXPENSING LIMITATIONS APPLICABLE FOR 2014 FOR SECTION 179 PROPERTY wherever appropriate
Adds a sectionInserted: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO MAKING PERMANENT THE EXPENSING LIMITATIONS APPLICABLE FOR 2014 FOR SECTION 179 PROPERTY.
Inserted: 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, amendments between the Houses, motions, or conference reports relating to making permanent the expensing limitations applicable for taxable years beginning after 2009 and before 2015 for section 179 property, 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 2016 through 2020 or the period of the total of fiscal years 2016 through 2025.
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
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As printed
SA 685. Mr. PORTMAN submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 11, setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO MAKING PERMANENT THE EXPENSING LIMITATIONS APPLICABLE FOR 2014 FOR SECTION 179 PROPERTY.
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, amendments between the Houses, motions, or conference reports relating to making permanent the expensing limitations applicable for taxable years beginning after 2009 and before 2015 for section 179 property, 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 2016 through 2020 or the period of the total of fiscal years 2016 through 2025.
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Senate amendment submitted
March 25, 2015
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Senate amendment submitted
March 25, 2015
Senate amendment submitted
March 25, 2015