Amendment97th Congress
974
- Amendment Number
- 974
- Purpose
- It is the sense of the Senate that in reporting legislation to achieve the $107.2 billion in revenues required under this Resolution, rather than impose new, regressive taxes on American taxpayers, the Committee on Finance should (1) defer the third year of the Kemp-Roth individual rate reduction until the current budget crisis has passed and interest rates have dropped to affordable levels, or (2) repeal the third year of the Kemp-Roth individual rate reduction and replace it with a fiscally prudent tax cut which distributes benefits fairly to all working and middle-income Americans.
- Congress
- 97
- Type
- SUAMDT
- Latest Action Date
- May 20, 1982
- Latest Action Text
- Amendment not agreed to in Senate by Yea-Nay Vote. 35-63. Record Vote No: 133.
- Proposed Date
- May 20, 1982
- Submitted Date
- May 20, 1982
- Chamber
- Senate
- Update Date
- Aug 14, 2021