[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Pages S4019-S4020]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2593. Ms. COLLINS submitted an amendment intended to be proposed
to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) 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:
At the appropriate place, insert the following:
SEC. _____. 39.6 PERCENT INCOME TAX RATE BRACKET.
(a) In General.--Section 1(j)(2) is amended by
redesignating subparagraph (F) as subparagraph (G) and by
inserting after subparagraph (E) the following new
subparagraph:
``(F) 39.6 percent rate bracket.--Notwithstanding
subparagraphs (A) through (E), in prescribing the tables
under this subsection for purposes of paragraph (3)(B)--
``(i) the excess, if any, of taxable income over--
``(I) $50,000,000, in the case of married individuals
filing joint returns and surviving spouses, and
[[Page S4020]]
``(II) $25,000,000, in any other case,
shall be taxed at a rate of 39.6 percent, and
``(ii) paragraph (3)(B)(i) shall be applied with respect to
such $50,000,000 and $25,000,000 amounts by substituting
`2025' for `2017'.''.
(b) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2025.
SEC. _____. ADDITIONAL FUNDING FOR RURAL HEALTH
TRANSFORMATION PROGRAM.
Section 2105(h)(1)(A) of the Social Security Act, as added
by section 71401(a), is amended--
(1) in clause (i), by striking ``$10,000,000,000'' and
inserting ``$22,500,000,000''; and
(2) in clause (ii), by striking ``$10,000,000,000'' and
inserting ``$22,500,000,000''.
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