S.Amdt. 817

SA 817. Mr. PORTMAN 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:

[[Page S540]]

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
INCREASING COMPETITIVENESS OF AMERICAN
CORPORATIONS.

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
amending provisions in the Internal Revenue Code of 1986 to
provide incentives to increase the competitiveness of
American corporations, which may include provisions to deter
such corporations from closing factories in the United States
or moving jobs overseas, 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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