On the recordFebruary 20, 2025
Mr. President, I call up my amendment No. 454 and ask that it be reported my number. The PRESIDING OFFICER. The clerk will report. The senior assistant legislative clerk read as follows: The Senator from New York [Mr. Schumer] proposes an amendment numbered 454. The amendment is as follows: (Purpose: To prevent unwarranted tax cuts for the ultra-rich) At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST TAX BREAKS FOR THE WEALTHY. (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 cuts taxes for taxpayers with an adjusted gross income greater than $1,000,000,000. (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).
Source
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