Text of Senate Amendment 5223

On 2026-04-22, Senator Martin Heinrich (D-NM) delivered a floor speech titled "Text Of Senate Amendment 5223" in the Senate. The speech addressed taxes. It referenced legislation including S2007, S2008.

Text of Senate Amendment 5223

Congressional Record, Volume 172 Issue 71 (Wednesday, April 22, 2026) [Congressional Record Volume 172, Number 71 (Wednesday, April 22, 2026)] [Senate] [Pages S2007-S2008] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 5223. Mr. HEINRICH submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 33, setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035; which was ordered to lie on the table; as follows: At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROHIBITING TAX CUTS FOR OIL AND GAS COMPANIES GENERATING OVER $10,000,000,000 IN REVENUES. 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 prohibiting tax cuts for oil and gas companies generating over $10,000,000,000 in revenues 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 2026 through 2035. [[Page S2008]] ______