Text of Senate Amendment 1523

On 2025-04-03, Senator Angus S. King, Jr. (I-ME) delivered a floor speech titled "Text Of Senate Amendment 1523" in the Senate.

Text of Senate Amendment 1523

Congressional Record, Volume 171 Issue 60 (Thursday, April 3, 2025) [Congressional Record Volume 171, Number 60 (Thursday, April 3, 2025)] [Senate] [Page S2223] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1523. Mr. KING 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. ___. POINT OF ORDER AGAINST A CORPORATE TAX RATE CUT. (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 reduces the corporate income tax rate below 21 percent. (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). ______