Michael Bennet: “I ask unanimous consent that the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection…”

“I ask unanimous consent that the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To ensure that small businesses are provided relief as part of tax reform by permanently increasing the maximum amount of the section 179 small business expensing allowance to $1,000,000 and the investment limitation to $2,500,000 and indexing them both for inflation) At the appropriate place, insert the following: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO SMALL BUSINESS TAX RELIEF. 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 for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to small business tax relief, which may include a permanent increase of the section 179 small business expensing allowance to $1,000,000 or an increase in the investment limitation to $2,500,000, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2016 through 2020 or the period of the total of fiscal years 2016 through 2025.”