S.Amdt. 1731Senate115th Congress (2017-2019)2nd degree
S.Amdt. 1731
Sponsored by
Sen. Orrin G. Hatch (R-UT)
Submitted November 30, 2017
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Senate amendment submitted
November 30, 2017
Text
Submitted
SA 1731. Mr. HATCH submitted an amendment intended to be proposed to amendment SA 1618 proposed by Mr. McConnell (for Mr. Hatch (for himself and Ms. Murkowski)) 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: On page 453, strike lines 9 through 16, and insert the following: (C) Total equity.--For purposes of subparagraph (B), the term ``total equity'' means, with respect to one or more corporations, an amount equal to-- (i) the sum of the money and all other assets of such corporations, reduced (but not below one) by (ii) the total indebtedness of such corporations. ______