[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S355]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 206. Mr. HAWLEY submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 5, setting forth the
congressional budget for the United States Government for fiscal year
2021 and setting forth the appropriate budgetary levels for fiscal
years 2022 through 2030; 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
ELIMINATING TAX BREAKS FOR COMPANIES THAT SHIP
JOBS OVERSEAS.
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
eliminating provisions in the Internal Revenue Code of 1986
that provide incentives for corporations to close factories
in the United States and move jobs overseas, which may
include amending provisions in such Code related to global
intangible low-taxed income, 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 2021 through 2025 or the
period of the total of fiscal years 2021 through 2030.
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