[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Page S1933]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 815. Mr. DURBIN (for himself, Mr. Reed, Mr. Whitehouse, Ms. 
Hirono, Mr. Franken, and Ms. Warren) submitted an amendment intended to 
be proposed by him to the concurrent resolution S. Con. Res. 11, 
setting forth the congressional budget for the United States Government 
for fiscal year 2016 and setting forth the appropriate budgetary levels 
for fiscal years 2017 through 2025; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATED TO PROHIBITING 
                   INVERTED CORPORATIONS FROM AVOIDING UNITED 
                   STATES TAXES.

       The Chairman of the Committee on the Budget of the Senate 
     may revise the allocations of a committee or committees, 
     aggregates, and other appropriate levels in this resolution 
     for one or more bills, joint resolutions, amendments, 
     amendments between the Houses, motions, or conference reports 
     relating to preventing certain corporations from avoiding 
     United States taxes, which may include reforming the 
     definition of an inverted corporation under the Internal 
     Revenue Code of 1986 or preventing earnings stripping, by the 
     amounts provided in such legislation for those purposes, 
     provided that such legislation would not increase the deficit 
     over either the period of the total of fiscal years 2016 
     through 2020 or the period of the total of fiscal years 2016 
     through 2025.
                                 ______