S.Amdt. 915Senate117th Congress (2021-2023)2nd degree

S.Amdt. 915

Submitted March 4, 2021

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Senate amendment submitted

March 4, 2021

Text

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.
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