[Congressional Record (Bound Edition), Volume 157 (2011), Part 12]
[Senate]
[Page 16867]
[From the U.S. Government Publishing Office, www.gpo.gov]




               3% WITHHOLDING REPEAL AND JOB CREATION ACT

  The PRESIDING OFFICER. The clerk will report the title of the bill.
  The legislative clerk read as follows:

       A bill (H.R. 674) to amend the Internal Revenue Code of 
     1986 to repeal the imposition of 3 percent withholding on 
     certain payments made to vendors by government entities, to 
     modify the calculation of modified adjusted gross income for 
     purposes of determining eligibility to certain health-care 
     related programs, and for other purposes.


                           Amendment No. 927

 (Purpose: To amend the Internal Revenue Code of 1986 to permit a 100 
 percent levy for payments to Federal vendors relating to property, to 
 require a study on how to reduce the amount of Federal taxes owed but 
 not paid by Federal contractors, and to make certain improvements in 
     the laws relating to the employment and training of veterans)

  The PRESIDING OFFICER. The clerk will report the amendment.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid], for Mr. Tester, for 
     himself, Mrs. Murray, Mr. Baucus, Ms. Stabenow, Mr. Brown of 
     Ohio, Mr. Reid, Mr. Akaka, Ms. Cantwell, Mr. Leahy, Mr. 
     Casey, Mr. Coons, Mr. Menendez, Mr. Kerry, Mr. Lautenberg, 
     Mr. Merkley, Mr. Sanders, Mrs. Shaheen, Mr. Bennet, Mr. Webb, 
     Mr. Begich, Ms. Landrieu, Mr. Schumer, and Mr. Brown of 
     Massachusetts, proposes an amendment numbered 927.

  (The amendment is printed in today's Record under ``Text of 
Amendments.'')

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