Text of Senate Amendment 494

On Wed Feb 19, Senator Amy Klobuchar (D-MN) delivered a floor speech titled "Text Of Senate Amendment 494" in the Senate. The speech addressed taxes. It referenced legislation: S1201.

Text of Senate Amendment 494

Congressional Record, Volume 171 Issue 34 (Thursday, February 20, 2025) [Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)] [Senate] [Page S1201] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 494. Ms. KLOBUCHAR submitted an amendment intended to be proposed by her to the concurrent resolution S. Con. Res. 7, setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034; as follows: At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST TAX CUTS FOR THE WEALTHY IN LIEU OF REDUCING FOOD COSTS. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that cuts taxes for taxpayers with an adjusted gross income greater than $1,000,000,000 if the most recent change in the Consumer Price Index shows an increase in food prices. (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______