S.Amdt. 5393
What it does: Adds SEC. ___. SENSE OF THE SENATE wherever appropriateWhat it changes
1 change to H.R. 5376
Adds SEC. ___. SENSE OF THE SENATE wherever appropriate
Adds a sectionInserted: SEC. ___. SENSE OF THE SENATE.
Inserted: It is the sense of the Senate that it is in the interest of the United States to ensure that family farms and small businesses can utilize step-up in basis for inherited assets.
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 5393. Mr. HOEVEN submitted an amendment intended to be proposed by him 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 appropriate place, insert the following:
SEC. ___. SENSE OF THE SENATE.
It is the sense of the Senate that it is in the interest of the United States to ensure that family farms and small businesses can utilize step-up in basis for inherited assets.
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Senate amendment submitted
August 6, 2022