S.Amdt. 5749

SA 5749. Ms. ROSEN submitted an amendment intended to be proposed by
her to the bill S. 2, to provide for reconciliation pursuant to title
II of S. Con. Res. 33.; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. ___. INCREASING LIMIT FOR DEDUCTIBLE NEW BUSINESS
EXPENDITURES.

(a) In General.--Section 195(b) of the Internal Revenue
Code of 1986 is amended--
(1) in paragraph (1)(A)(ii), by striking ``$5,000'' and
inserting ``$50,000'', and
(2) by striking paragraph (3).
(b) Effective Date.--The amendments made by this section
shall apply to expenses paid or incurred in taxable years
beginning after December 31, 2026.
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