Text of Senate Amendment 1738

On 2025-04-03, Senator Mark Kelly (D-AZ) delivered a floor speech titled "Text Of Senate Amendment 1738" in the Senate.

Text of Senate Amendment 1738

Congressional Record, Volume 171 Issue 60 (Thursday, April 3, 2025) [Congressional Record Volume 171, Number 60 (Thursday, April 3, 2025)] [Senate] [Page S2260] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1738. Mr. KELLY submitted an amendment intended to be proposed by him to the concurrent resolution H. Con. Res. 14, establishing 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; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO LEGISLATION THAT DOES NOT INCREASE TAX BREAKS FOR WEALTHY CORPORATIONS. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to legislation that does not reduce the average tax liability of corporations with income over $20,000,000,000, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034. ______