[Congressional Record Volume 163, Number 168 (Wednesday, October 18, 2017)]
[Senate]
[Page S6589]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1397. Ms. DUCKWORTH submitted an amendment intended to be proposed 
to amendment SA 1116 proposed by Mr. Enzi to the concurrent resolution 
H. Con. Res. 71, establishing the congressional budget for the United 
States Government for fiscal year 2018 and setting forth the 
appropriate budgetary levels for fiscal years 2019 through 2027; which 
was ordered to lie on the table; as follows:

       At the end of subtitle A of title IV, add the following:

     SEC. 41_. POINT OF ORDER AGAINST ANY TAX-RELATED LEGISLATION 
                   THAT DOES NOT ELIMINATE THE CARRIED INTEREST 
                   LOOPHOLE AND USE THE INCREASE IN REVENUE TO 
                   FUND CLEAN WATER AND RURAL DEVELOPMENT 
                   PROGRAMS.

       (a) Point of Order.--It shall not be in order in the Senate 
     to consider any bill, joint resolution, motion, amendment, 
     amendment between the Houses, or conference report that 
     amends the Internal Revenue Code of 1986 and that does not 
     eliminate the carried interest loophole and use the increase 
     in revenue to fund the clean water state revolving fund, the 
     safe drinking water state revolving fund, and the Department 
     of Agriculture's rural development programs.
       (b) Waiver and Appeal.--Subsection (a) may be waived or 
     suspended in the Senate only by an affirmative vote of three-
     fifths of the Members, duly chosen and sworn. An affirmative 
     vote of three-fifths of the Members of the Senate, duly 
     chosen and sworn, shall be required to sustain an appeal of 
     the ruling of the Chair on a point of order raised under 
     subsection (a).
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