On the recordAugust 10, 2021
I call up my amendment No. 3114 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report. The bill clerk read as follows: The Senator from Indiana [Mr. Braun] proposes an amendment numbered 3114. The amendment is as follows: (Purpose: To establish a deficit-neutral reserve fund relating to removing the prohibition on States and territories against lowering their taxes) At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO THE PROVISIONS OF THE AMERICAN RESCUE PLAN ACT. 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 limitations on Federal relief funds for State or local governments, which may include lifting or prohibiting restrictions related to modifications to a State's or territory's tax revenue source, 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 2022 through 2026 or the period of the total of fiscal years 2022 through 2031.
Source
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