[Congressional Record Volume 167, Number 145 (Tuesday, August 10, 2021)]
[Senate]
[Pages S6304-S6305]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3106. Mr. THUNE submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 14, setting forth the 
congressional budget for the United States Government for fiscal year 
2022 and setting forth the appropriate budgetary levels for fiscal 
years 2023 through 2031; 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 
                   SUPPORTING PRIVATELY-HELD BUSINESSES, FARMS, 
                   AND RANCHES.

       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 
     protecting privately-held businesses, farms, and ranches, 
     which may include--
       (1) preserving the tax principles in effect as of the date 
     of the adoption of this resolution which are applicable to 
     owning, operating, or transferring such businesses, farms, 
     and ranches,
       (2) preserving the full benefit of the step-up in basis for 
     assets acquired from a decedent, or
       (3) extending tax relief for such businesses, farms or 
     ranches,
     provided that such legislation would not increase the deficit 
     over either the period of

[[Page S6305]]

     the total of fiscal years 2022 through 2026 or the period of 
     the total of fiscal years 2022 through 2031.
                                 ______