S.Amdt. 2428

SA 2428. Ms. ROSEN submitted an amendment intended to be proposed to
amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) 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:

Strike section 71117 and insert the following:

SEC. 71117. ADJUSTMENT TO CORPORATE TAX RATE.

(a) In General.--Section 11(b) of the Internal Revenue Code
of 1986 is amended by striking ``21 percent'' and inserting
``28 percent''.
(b) Effective Date.--The amendment made by this section
shall apply to taxable years beginning after December 31,
2025.
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