S.Amdt. 2376

SA 2376. Mr. KAINE submitted an amendment intended to be proposed by
him to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:

Beginning on page 499, strike line 4 and all that follows
through page 579, line 16, and insert the following:

SEC. ___. ADJUSTMENT TO CORPORATE TAX RATE.

(a) In General.--Section 11(b) is amended by striking ``21
percent'' and inserting ``25 percent''.
(b) Effective Date.--The amendment made by this section
shall apply to taxable years beginning after December 31,
2025.
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