S.Amdt. 1789

SA 1789. 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 decrease 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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