S.Amdt. 5258Senate117th Congress (2021-2023)2nd degree
S.Amdt. 5258
Sponsored by
Sen. Steve Daines (R-MT)
Submitted August 6, 2022
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Senate amendment submitted
August 6, 2022
Text
Submitted
SA 5258. Mr. DAINES submitted an amendment intended to be proposed to amendment SA 5194 submitted by Mr. Schumer and intended to be proposed to the bill H.R. 5376, to provide for reconciliation pursuant to title II of S. Con. Res. 14; which was ordered to lie on the table; as follows: At the end of subtitle A of title I, add the following: PART _--OTHER PROVISIONS SEC. 10__01. PERMANENT EXTENSION OF LIMITATION ON DEDUCTION FOR STATE AND LOCAL, ETC., TAXES. (a) In General.--Paragraph (6) of section 164(b) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``, and before January 1, 2026'', and (2) by striking ``taxable years 2018 through 2025'' in the heading. (b) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2022. SEC. 10_02. ELIMINATION OF ADDITIONAL IRS FUNDING FOR ENFORCEMENT. Section 10301(a)(1)(A)(i) of this Act is amended by striking subclause (II). ______