[Congressional Record Volume 168, Number 133 (Saturday, August 6, 2022)]
[Senate]
[Page S4252]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5264. Mr. CRUZ submitted an amendment intended to be proposed to 
amendment SA 5194 submitted by Mr. Schumer and intended to be proposed 
to the bill H.R. 5376, to provide for reconciliation pursuant to title 
II of S. Con. Res. 14; which was ordered to lie on the table; as 
follows:

       At the end of part 1 of subtitle A of title I, add the 
     following:

     SEC. 1010_. CERTAIN MANUFACTURERS EXEMPTED FROM CORPORATE 
                   MINIMUM TAX.

       (a) In General.--Section 59(k)(1), as added by section 
     10101, is amended by adding at the end the following new 
     subparagraph:
       ``(F) Exception for domestic manufacturers.--The term 
     `applicable corporation' shall not include any domestic 
     manufacturer.''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2022.
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