S.Amdt. 2474

SA 2474. Mr. KIM 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:

At the end of section 70104, insert the following:
(g) Increase Tied to Average Wage.--Section 24(h) is
amended by adding at the end the following new paragraph:
``(8) Increase tied to average wage.--If the average wages
and salaries for the first 12-month period ending after the
date of the enactment of this Act, as determined according to
the Employment Cost Index for total compensation for civilian
workers, are not at least 3.5 percent higher than such
average wages and salaries, as so determined, for calendar
year 2024--
``(A) paragraph (2) shall be applied by substituting
`$3,600 ($6,360 in the case of a child who has not attained
age 1 as of the last day of the taxable year, and $4,320 in
the case of a child who has attained age 1 but has not
attained age 7 as of the last day of the taxable year)' for
`$2,200', and
``(B) subsection (i)(2) shall be applied by substituting
`$3,600, $6,360, and $4,320 amounts' for `$2,200 amount'.''.
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