[Congressional Record Volume 166, Number 142 (Monday, August 10, 2020)]
[Senate]
[Page S5381]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2646. Mr. CORNYN submitted an amendment intended to be proposed to 
amendment SA 2499 proposed by Mr. McConnell to the bill S. 178, to 
condemn gross human rights violations of ethnic Turkic Muslims in 
Xinjiang, and calling for an end to arbitrary detention, torture, and 
harassment of these communities inside and outside China; which was 
ordered to lie on the table; as follows:

        At the appropriate place, insert the following:

     SEC. ___. CLARIFICATION OF TREATMENT OF BUSINESS EXPENSES.

       (a) In General.--Subsection (i) of section 1106 of the 
     CARES Act (Public Law 116-136) is amended--
       (1) by striking ``1986, any amount'' and inserting ``1986--
       ``(1) any amount'',
       (2) by striking the period at the end and inserting ``, 
     and'', and
       (3) by adding at the end the following new paragraph:
       ``(2) no deduction shall be denied or reduced, no tax 
     attribute shall be reduced, and no basis increase shall be 
     denied, by reason of the exclusion from gross income provided 
     by paragraph (1).''.
       (b) Effective Date.--The amendments made by this section 
     shall apply as if included in the enactment of section 1106 
     of the CARES Act (Public Law 116-136).
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