[Congressional Record Volume 167, Number 145 (Tuesday, August 10, 2021)]
[Senate]
[Page S6311]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3148. Mr. GRASSLEY 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
ELIMINATING SUBSIDIES TO WEALTHY INDIVIDUALS
WHO PURCHASE ELECTRIC VEHICLES.
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 means-
testing Federal subsidies or incentives for the purchase of
electric vehicles, which may include phasing out the tax
credit for new qualified plug-in electric drive motor
vehicles under section 30D of the Internal Revenue Code of
1986 for taxpayers whose adjusted gross income exceeds 120
percent of the national median household 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 2022
through 2026 or the period of the total of fiscal years 2022
through 2031.
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