S.Amdt. 2784

SA 2784. Ms. SMITH (for herself, Ms. Warren, Mr. Murphy, and Mr.
Schiff) 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 71305 and insert the following:

SEC. 71305. ADJUSTMENT TO CORPORATE TAX RATE.

(a) In General.--Section 11(b) is amended by striking ``21
percent'' and inserting ``21.2 percent''.
(b) Effective Date.--The amendment made by this section
shall apply to taxable years beginning after December 31,
2025.
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