S.Amdt. 1701

SA 1701. Ms. STABENOW (for herself, Mr. Casey, Mr. Van Hollen, Mr.
Cardin, Mr. Wyden, Mr. Menendez, Mr. Udall, Mr. Booker, and Mr. Reed)
submitted an amendment intended to be proposed by her to the bill H.R.
1, to provide for reconciliation pursuant to titles II and V of the
concurrent resolution on the budget for fiscal year 2018; which was
ordered to lie on the table; as follows:

At the end of subpart A of part I of subtitle C, add the
following:

SEC. 13303. EXCEPTION TO REDUCED RATES BASED ON REAL
HOUSEHOLD WAGES.

(a) Publication of Average Real Household Wages.--Not later
than December 31, 2017, the Congressional Budget Office shall
publish a report indicating average household wage income in
the United States for 2017. For each subsequent calendar
year, not later than December 31 of that year, the
Congressional Budget Office shall publish a report indicating
average household wage income in the United States for the
year, adjusted for inflation.
(b) Exception.--If for any calendar year after 2019,
average real household wage income has not increased by at
least $4,000 as compared to 2017 (as determined in the
reports published under subsection (a)), then the provisions
of the Internal Revenue Code of 1986 which are amended by
section 13001 and 13002 shall each be amended to read as if
the amendments made by such section had not been enacted.
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