S.Amdt. 3682Senate117th Congress (2021-2023)

S.Amdt. 3682

Sponsored by Ben SasseSen. Ben Sasse (R-NE)
Submitted August 10, 2021

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Senate amendment submitted

August 10, 2021

Text

Submitted

SA 3682. Mr. SASSE 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 ENSURING
THAT FEDERAL TAX LAWS DO NOT DISADVANTAGE
AMERICAN BUSINESSES COMPETING WITH CHINESE
BUSINESSES.

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 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
changes in Federal tax revenues, without raising taxes on
American businesses competing with Chinese businesses that
have a lower tax burden, 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

[[Page S6397]]

2022 through 2026 or the period of the total of fiscal years
2022 through 2031.
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