S.Amdt. 1703

SA 1703. Ms. STABENOW (for herself, Mr. Casey, Mr. Van Hollen, Mr.
Cardin, Mr. Brown, Mr. Wyden, 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) Determination of Average Real Household Wages.--Not
later than December 31 of each calendar year, the Secretary
of the Treasury (in consultation with the Secretary of Labor)
shall determine the average real household wages for the
calendar year.
(b) Certification.--If the Secretary of the Treasury does
not certify that the average real household wages for any
calendar year after December 31, 2019, (as determined under
subsection (a)) exceeds the average real household wages for
calendar year 2017 (as so determined) by $4,000 or more, 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.
(c) Effective Date.--The amendments made by this subsection
(b) shall apply to taxable years beginning after December 31
of the first calendar year for which no certification is made
under subsection (b).
______