[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Page S3971]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2376. Mr. KAINE submitted an amendment intended to be proposed by
him to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:
Beginning on page 499, strike line 4 and all that follows
through page 579, line 16, and insert the following:
SEC. ___. ADJUSTMENT TO CORPORATE TAX RATE.
(a) In General.--Section 11(b) is amended by striking ``21
percent'' and inserting ``25 percent''.
(b) Effective Date.--The amendment made by this section
shall apply to taxable years beginning after December 31,
2025.
______