S.Amdt. 3769Senate117th Congress (2021-2023)
S.Amdt. 3769
Sponsored by
Sen. Elizabeth Warren (D-MA)
Submitted August 10, 2021
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Senate amendment submitted
August 10, 2021
Text
Submitted
SA 3769. Ms. WARREN (for herself and Mr. King) submitted an amendment intended to be proposed by her 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___. RESERVE FUND RELATING TO REFORMING CORPORATE TAX RULES. 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 reforming corporate tax rules to ensure that large corporations cannot report billions in profits to their shareholders while reporting zero profits to the Internal Revenue Service and therefore paying zero in taxes, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2022 through 2031. ______