[Congressional Record Volume 172, Number 95 (Thursday, June 4, 2026)]
[Senate]
[Page S2619]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5749. Ms. ROSEN submitted an amendment intended to be proposed by 
her to the bill S. 2, to provide for reconciliation pursuant to title 
II of S. Con. Res. 33.; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. ___. INCREASING LIMIT FOR DEDUCTIBLE NEW BUSINESS 
                   EXPENDITURES.

       (a) In General.--Section 195(b) of the Internal Revenue 
     Code of 1986 is amended--
       (1) in paragraph (1)(A)(ii), by striking ``$5,000'' and 
     inserting ``$50,000'', and
       (2) by striking paragraph (3).
       (b) Effective Date.--The amendments made by this section 
     shall apply to expenses paid or incurred in taxable years 
     beginning after December 31, 2026.
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