[Congressional Record Volume 163, Number 169 (Thursday, October 19, 2017)]
[Senate]
[Page S6667]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1440. Mr. DURBIN (for himself, Mr. Reed, Mr. Van Hollen, and Mr.
Franken) 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 title III, add the following:
SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
PREVENTING CERTAIN CORPORATIONS FROM PROFITING
FROM GOVERNMENT CONTRACTS.
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,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
preventing certain corporations that avoid paying their fair
share of United States taxes from profiting from Federal
government contracts, which may include revising the
definition of an inverted corporation or identifying
corporations that were previously located in the United
States and are now located in foreign countries such as the
United Kingdom, Bermuda, or the Cayman Islands, 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 2018
through 2022 or the period of the total of fiscal years 2018
through 2027.
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