S.Amdt. 402

SA 402. Mr. KAINE (for himself and Mr. King) submitted an amendment
intended to be proposed by him to the concurrent resolution S. Con.
Res. 7, setting forth 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, insert the following:

SEC. ___. REPORTING ON FEDERAL REVENUE.

(a) In General.--The Director of the Congressional Budget
Office shall include in each report submitted under section
202(e)(1) of the Congressional Budget Act of 1974 (2 U.S.C.
602(e)(1)) the following:
(1) An estimate of the total changes in revenue resulting
from major legislation enacted or significant executive
actions taken in the fiscal year preceding submission of the
report.
(2) An estimate of the distributional effects across income
groups in the United States of the estimate described in
paragraph (1).
(b) Significant Executive Action Defined.--In this section,
the term ``significant executive action'' means any action
taken by the President that results in $10,000,000,000 or
more in new revenue for the United States on an annualized
basis, including changes to duties on goods imported into the
United States.
______