[Congressional Record Volume 163, Number 195 (Thursday, November 30, 2017)]
[Senate]
[Page S7623]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1777. Mr. MENENDEZ submitted an amendment intended to be proposed 
by him to the bill H.R. 1, to provide for reconciliation pursuant to 
titles II and V of the concurrent resolution on the budget for fiscal 
year 2018; which was ordered to lie on the table; as follows:

       Strike section 13532 and insert the following:

     SEC. 13532. EXEMPT-FACILITY BONDS FOR SEWAGE AND WATER SUPPLY 
                   FACILITIES.

       (a) Bonds for Water and Sewage Facilities Exempt From 
     Volume Cap on Private Activity Bonds.--Paragraph (3) of 
     section 146(g) of the Internal Revenue Code of 1986 is 
     amended by inserting ``(4), (5),'' after ``(2),''.
       (b) Conforming Change.--Paragraphs (2) and (3)(B) of 
     section 146(k) of the Internal Revenue Code of 1986 are both 
     amended by striking ``(4), (5), (6),'' and inserting ``(6)''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to obligations issued after the date of the 
     enactment of this Act.
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