S.Amdt. 1787

SA 1787. Mr. MENENDEZ 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:

At the end of section 13001 add the following:
(e) Repeal of Corporate Rate Reduction.--If the Director of
the Congressional Budget Office determines that average wages
in the United States do not increase by at least 5 percent in
the first year that begins after the enactment of this Act,
the provisions of the Internal Revenue Code of 1986 which are
amended by subsections (a) and (b) shall each be amended to
read as if the amendments made by such subsections had not
been enacted and subsections (c) and (d) shall be null and
void.
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