On the recordAugust 10, 2021
Madam President, I call up my amendment No. 3278 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The senior assistant legislative clerk read as follows: The Senator from New Hampshire [Ms. Hassan], for herself and Mr. Young, proposes an amendment numbered 3278. The amendment is as follows (Purpose: To establish a deficit-neutral reserve fund relating to promoting US competitiveness and innovation by supporting research and development) At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROMOTING US COMPETITIVENESS AND INNOVATION BY SUPPORTING RESEARCH AND DEVELOPMENT. 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 supporting United States economic competitiveness and innovation, which may include expanding the research and development tax credit for small businesses and preserving full expensing for research and development investments, 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…





