[Congressional Record Volume 160, Number 116 (Wednesday, July 23, 2014)]
[Senate]
[Page S4721]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           REPATRIATED INCOME

  Mr. REID. I understand that Senator Paul has an amendment that he 
wants to offer to this short-term funding bill. I'm talking about his 
amendment to permanently reduce the tax rate for repatriated income to 
5 percent.
  He has agreed not to offer that amendment here.
  In exchange, we commit that when the Senate considers a long-term 
highway funding bill, Senator Paul will be allowed to offer and get a 
vote on his amendment then.
  Mrs. BOXER. I agree and also commit to providing Senator Paul an 
opportunity to offer and get a vote on his repatriation amendment when 
the Senate considers a long-term highway bill.
  Mr. McCONNELL. My friend from Kentucky has been actively engaged on 
the issue of the highway funding mechanism for some time now, and I 
appreciate his work on this. This is one of the hardest issues that we 
face in Congress, and it has been helpful to have my colleague Senator 
Paul working so hard on resolving it. He wanted an amendment on a 
repatriation proposal on the highway bill that we will soon be 
debating, and I want to thank him for setting it aside for the time 
being. We will, however, be addressing highway funding again later, and 
I promise to protect his right to offer his amendment and secure a vote 
on its adoption.

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