[Congressional Record Volume 167, Number 145 (Tuesday, August 10, 2021)]
[Senate]
[Page S6335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3282. Mr. BOOZMAN 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 
                   PROHIBITING A REPEAL OF THE DEFERRAL OF GAINS 
                   FROM LIKE-KIND EXCHANGES UNDER SECTION 1031 OF 
                   THE INTERNAL REVENUE CODE OF 1986.

       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 
     Federal tax law, which may include preventing or limiting any 
     repeal of the deferral of gains from like-kind exchanges 
     under section 1031 of the Internal Revenue Code of 1986, 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.
                                 ______