S.Amdt. 915Senate117th Congress (2021-2023)2nd degree
S.Amdt. 915
Sponsored by
Sen. John Cornyn (R-TX)
Submitted March 4, 2021
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Senate amendment submitted
March 4, 2021
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Submitted
SA 915. Mr. CORNYN (for himself and Mr. Scott of South Carolina) submitted an amendment intended to be proposed to amendment SA 891 proposed by Mr. Schumer to the bill H.R. 1319, to provide for reconciliation pursuant to title II of S. Con. Res. 5; which was ordered to lie on the table; as follows: At the end of subtitle G of title IX, insert the following: SEC. 96___. 2017 MODIFICATIONS TO CHILD TAX CREDIT MADE PERMANENT. (a) In General.--Section 24(h) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``and before January 1, 2026,'' in paragraph (1), and (2) by striking ``2018 Through 2025'' in the heading and inserting ``After 2017'' (b) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2020. SEC. 96___. 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 ``2018 through 2025'' in the heading and inserting ``after 2017''. (b) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2020. ______