Amendment in the nature of a substitute printed in House Report 108-446 and numbered 1 was offered as the Congressional Black Caucus substitute.

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Amendment Number
487
Description
Amendment in the nature of a substitute printed in House Report 108-446 and numbered 1 was offered as the Congressional Black Caucus substitute.
Purpose
An amendment in the nature of a substitute numbered 1 printed in House Report 108-446 to provide $43.3 billion in additional spending and $5.0 billion for deficit reduction in FY 2005. The total is offset by rescinding the tax cuts from 2001 and 2003 for individuals making more than $200,000 in gross income, by closing tax loopholes, certain tax shelters and methods of tax avoidance, and reducing funding for the ballistic missile defense program. The spending increase includes $30.5 billion in spending over the resolution's FY 2005 levels for non-defense programs and an additional $12.8 billion for defense, homeland security and veterans programs.
Congress
108
Type
HAMDT
Latest Action Date
Mar 25, 2004
Latest Action Text
On agreeing to the Cummings amendment (A001) Failed by recorded vote: 119 - 302 (Roll no. 88).
Latest Action Time
13:07:42
Submitted Date
Mar 25, 2004
Chamber
House of Representatives
Update Date
Sep 29, 2021
Amendment 487 — Informed