S.Amdt. 426Senate117th Congress (2021-2023)
S.Amdt. 426
Sponsored by
Sen. James Lankford (R-OK)
Submitted February 3, 2021
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Senate amendment submitted
February 3, 2021
Text
Submitted
SA 426. Mr. LANKFORD submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 5, setting forth the congressional budget for the United States Government for fiscal year 2021 and setting forth the appropriate budgetary levels for fiscal years 2022 through 2030; 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 PREVENTING INCREASED TAX BURDENS ON AMERICAN BUSINESSES AND WORKERS. 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 laws, which may include preventing tax increases on American businesses if a significant portion of the resulting increased tax burden would be borne by American workers, 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 2021 through 2025 or the period of the total of fiscal years 2021 through 2030. ______