[Congressional Record Volume 163, Number 195 (Thursday, November 30, 2017)]
[Senate]
[Page S7626]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1785. Mr. MENENDEZ (for himself and Mr. Booker) submitted an
amendment intended to be proposed to amendment SA 1618 proposed by Mr.
McConnell (for Mr. Hatch (for himself and Ms. Murkowski)) 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:
At the end of section 11042 add the following:
(c) Termination of Suspension.--If for any taxable year
beginning after December 31, 2017, and before January 1,
2026, the Director of the Congressional Budget Office
determines with respect to any State that in the prior
taxable year received less in Federal benefits than the
residents of the State paid in Federal taxes, that the
difference between such benefits and Federal taxes increased,
subsection (b) of section 164 of the Internal Revenue Code of
1986 shall be amended to read as if the amendment made by
subsection (a) had not been enacted.
______