S.Res. 206

A resolution to provide for a budget point of order against legislation that increases income taxes on taxpayers, including hardworking middle-income families, entrepreneurs, and college students.

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III

110th CONGRESS

1st Session

S. RES. 206

IN THE SENATE OF THE UNITED STATES

May 17, 2007

Mr. Cornyn (for himself and Mr. Allard) submitted the following resolution; which was referred to the Committee on Rules and Administration

RESOLUTION

To provide for a budget point of order against legislation that increases income taxes on taxpayers, including hard-working middle-income families, entrepreneurs, and college students.

That

1.

Point of order against legislation that raises income tax rates

(a)

In general

It shall not be in order in the Senate to consider any bill, resolution, amendment, amendment between Houses, motion, or conference report that includes a Federal income tax rate increase. In this subsection, the term Federal income tax rate increase means any amendment to subsection (a), (b), (c), (d), or (e) of section 1, or to section 11(b) or 55(b), of the Internal Revenue Code of 1986, that imposes a new percentage as a rate of tax and thereby increases the amount of tax imposed by any such section.

(b)

Supermajority waiver and appeal

(1)

Waiver

This section may be waived or suspended in the Senate only by an affirmative vote of three-fifths of the Members, duly chosen and sworn.

(2)

Appeal

An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order raised under this section.