S.Amdt. 3212Senate117th Congress (2021-2023)
S.Amdt. 3212
Sponsored by
Sen. Tommy Tuberville (R-AL)
Submitted August 10, 2021
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Senate amendment submitted
August 10, 2021
Text
Submitted
SA 3212. Mr. TUBERVILLE submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 14, setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031; which was ordered to lie on the table; as follows: At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO A TAX CREDIT FOR THE DOMESTIC MANUFACTURE AND SALE OF PERSONAL PROTECTIVE EQUIPMENT. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this [[Page S6326]] resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to Federal income taxes, which may include establishing a tax credit of 20 percent of the net income earned from the domestic manufacturing and sales of personal protective equipment produced in the United States, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2022 through 2026 or the period of the total of fiscal years 2022 through 2031. ______