S.Amdt. 667

SA 667. Mrs. HYDE-SMITH submitted an amendment intended to be
proposed by her 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 TAX
TREATMENT OF CASUALTY LOSSES OF UNCUT TIMBER.

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 a special rule
and tax deduction for certain casualty losses of uncut
timber. 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.
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