S.Amdt. 1636

SA 1636. Mr. PADILLA submitted an amendment intended to be proposed
by him to the concurrent resolution H. Con. Res. 14, establishing the
congressional budget for the United States Government for fiscal year
2025 and setting forth the appropriate budgetary levels for fiscal
years 2026 through 2034; which was ordered to lie on the table; as
follows:

At the appropriate place, add the following:

SEC. ___. POINT OF ORDER AGAINST LEGISLATION ELIMINATING THE
TAX-EXEMPT STATUS OF MUNICIPAL AND NON-
MUNICIPAL BONDS.

It shall not be in order in the Senate to consider a bill
or joint resolution reported pursuant to section 2002, or an
amendment to, conference report on, or amendment between the
Houses in relation to such a bill or joint resolution, that
would eliminate the tax-exempt status of State and local
municipal bonds, as well as on private activity bonds, Build
America bonds, and other non-municipal bonds.
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