[Congressional Record Volume 159, Number 153 (Wednesday, October 30, 2013)]
[Senate]
[Page S7678]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. CORNYN:
  S. 1620. A bill to prohibit the consideration of any bill by Congress 
unless a statement on tax transparency is provided in the bill; to the 
Committee on Finance.
  Mr. CORNYN. Mr. President, I ask unanimous consent that the text of 
the bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 1620

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Tax Transparency Act of 
     2013''.

     SEC. 2. TAX EFFECT TRANSPARENCY.

       (a) In General.--Chapter 2 of title 1, United States Code, 
     is amended by inserting after section 102 the following:

     ``Sec. 102a. Tax effect transparency

       ``(a) In General.--Each Act of Congress, bill, resolution, 
     conference report thereon, or amendment there to, that 
     modifies Federal tax law shall contain a statement describing 
     the general effect of the modification on Federal tax law.
       ``(b) Failure to Comply.--
       ``(1) In general.--A failure to comply with subsection (a) 
     shall give rise to a point of order in either House of 
     Congress, which may be raised by any Senator during 
     consideration in the Senate or any Member of the House of 
     Representatives during consideration in the House of 
     Representatives.
       ``(2) Nonexclusivity.--The availability of a point of order 
     under this section shall not affect the availability of any 
     other point of order.
       ``(c) Disposition of Point of Order in the Senate.--
       ``(1) In general.--Any Senator may raise a point of order 
     that any matter is not in order under subsection (a).
       ``(2) Waiver.--
       ``(A) In general.--Any Senator may move to waive a point of 
     order raised under paragraph (1) by an affirmative vote of 
     three-fifths of the Senators duly chosen and sworn.
       ``(B) Procedures.--For a motion to waive a point of order 
     under subparagraph (A) as to a matter--
       ``(i) a motion to table the point of order shall not be in 
     order;
       ``(ii) all motions to waive one or more points of order 
     under this section as to the matter shall be debatable for a 
     total of not more than 1 hour, equally divided between the 
     Senator raising the point of order and the Senator moving to 
     waive the point of order or their designees; and
       ``(iii) a motion to waive the point of order shall not be 
     amendable.
       ``(d) Disposition of Point of Order in the House of 
     Representatives.--
       ``(1) In general.--If a Member of the House of 
     Representatives makes a point of order under this section, 
     the Chair shall put the question of consideration with 
     respect to the proposition of whether any statement made 
     under subsection (a) was adequate or, in the absence of such 
     a statement, whether a statement is required under subsection 
     (a).
       ``(2) Consideration.--For a point of order under this 
     section made in the House of Representatives--
       ``(A) the question of consideration shall be debatable for 
     10 minutes, equally divided and controlled by the Member 
     making the point of order and by an opponent, but shall 
     otherwise be decided without intervening motion except one 
     that the House of Representatives adjourn or that the 
     Committee of the Whole rise, as the case may be;
       ``(B) in selecting the opponent, the Speaker of the House 
     of Representatives should first recognize an opponent from 
     the opposing party; and
       ``(C) the disposition of the question of consideration with 
     respect to a measure shall be considered also to determine 
     the question of consideration under this section with respect 
     to an amendment made in order as original text.
       ``(e) Rulemaking Authority.--The provisions of this section 
     are enacted by the Congress--
       ``(1) as an exercise of the rulemaking power of the House 
     of Representatives and the Senate, respectively, and as such 
     they shall be considered as part of the rules of each House, 
     respectively, or of that House to which they specifically 
     apply, and such rules shall supersede other rules only to the 
     extent that they are inconsistent therewith; and
       ``(2) with full recognition of the constitutional right of 
     either House to change such rules (so far as relating to such 
     House) at any time, in the same manner, and to the same 
     extent as in the case of any other rule of such House.''.
       (b) Clerical Amendment.--The table of sections at the 
     beginning of chapter 2 of title 1, United States Code, is 
     amended by inserting after the item relating to section 102 
     the following new item:

``102a. Tax effect transparency.''.
                                 ______