[House Report 112-641]
[From the U.S. Government Publishing Office]
112th Congress Report
HOUSE OF REPRESENTATIVES
2d Session 112-641
======================================================================
PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 6169) TO PROVIDE FOR
EXPEDITED CONSIDERATION OF A BILL PROVIDING FOR COMPREHENSIVE TAX
REFORM; PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 8) TO EXTEND
CERTAIN TAX RELIEF PROVISIONS ENACTED IN 2001 AND 2003, AND FOR OTHER
PURPOSES; PROVIDING FOR PROCEEDINGS DURING THE PERIOD FROM AUGUST 3,
2012, THROUGH SEPTEMBER 7, 2012; PROVIDING FOR CONSIDERATION OF MOTIONS
TO SUSPEND THE RULES; AND WAIVING A REQUIREMENT OF CLAUSE 6(a) OF RULE
XIII WITH RESPECT TO CONSIDERATION OF CERTAIN RESOLUTIONS REPORTED FROM
THE COMMITTEE ON RULES
_______
July 31, 2012.--Referred to the House Calendar and ordered to be
printed.
_______
Mr. Scott of South Carolina, from the Committee on Rules,
submitted the following
R E P O R T
[To accompany H. Res. 747]
The Committee on Rules, having had under consideration
House Resolution 747, by a record vote of 8 to 3, report the
same to the House with the recommendation that the resolution
be adopted.
SUMMARY OF PROVISIONS OF THE RESOLUTION
The resolution provides for consideration of H.R. 6169, the
Pathway to Job Creation through a Simpler, Fairer Tax Code Act
of 2012, under a structured rule. The resolution provides one
hour of debate on the bill equally divided and controlled by
the chair and ranking minority member of the Committee on Rules
and two hours of debate on the subject of reforming the
Internal Revenue Code of 1986 equally divided and controlled by
the chair and ranking minority member of the Committee on Ways
and Means. The resolution waives all points of order against
consideration of the bill and provides that it shall be
considered as read. The resolution waives all points of order
against provisions in the bill. The resolution makes in order
the amendment in the nature of a substitute to H.R. 6169
printed in Part A of this report if offered by Representative
Slaughter of New York or her designee. The amendment shall be
considered as read, shall be debatable for 20 minutes equally
divided and controlled by the proponent and an opponent, shall
not be subject to amendment, and shall not be subject to a
demand for division of the question. The resolution waives all
points of order against the amendment printed in part A of this
report. The resolution provides one motion to recommit with or
without instructions.
The resolution provides for consideration of H.R. 8, the
Job Protection and Recession Prevention Act of 2012, under a
structured rule. The resolution provides one hour of debate
equally divided and controlled by the chair and ranking
minority member of the Committee on Ways and Means. The
resolution waives all points of order against consideration of
the bill and provides that it shall be considered as read. The
resolution waives all points of order against provisions in the
bill. The resolution makes in order the amendment in the nature
of a substitute to H.R. 8 printed in Part B of this report if
offered by Representative Levin of Michigan or his designee.
The amendment shall be considered as read, shall be debatable
for 20 minutes equally divided and controlled by the proponent
and an opponent, shall not be subject to amendment, and shall
not be subject to a demand for division of the question. The
resolution waives all points of order against the amendment
printed in Part B of this report. The resolution provides one
motion to recommit with or without instructions.
Section 3 of the resolution provides that on any
legislative day during the period from August 3, 2012, through
September 7, 2012: (a) the Journal of the proceedings of the
previous day shall be considered as approved; (b) the Chair may
adjourn the House to meet at a date and time, within the limits
of clause 4, section 5, article I of the Constitution; and (c)
bills and resolutions introduced shall be numbered, listed in
the Congressional Record, and when printed shall bear the date
of introduction, but may be referred at a later time.
Section 4 of the resolution provides that the Speaker may
appoint Members to perform the duties of the Chair for the
duration of the period addressed by section 3 as though under
clause 8(a) of rule I.
Section 5 of the resolution provides that each day during
the period addressed by section 3 shall not constitute a
calendar day for purposes of section 7 of the War Powers
Resolution (50 U.S.C. 1546).
Section 6 of the resolution provides that each day during
the period addressed by section 3 shall not constitute a
legislative day for purposes of clause 7 of rule XIII
(resolutions of inquiry).
Section 7 of the resolution provides that for each day
during the period addressed by section 3 shall not constitute a
calendar or legislative day for purposes of clause 7(c)(1) of
rule XXII (motions to instruct conferees).
Section 8 of the resolution authorizes the Speaker to
entertain motions to suspend the rules on the legislative day
of August 2, 2012.
Finally, section 9 of the resolution waives the requirement
of clause 6(a) of rule XIII (requiring a two-thirds vote to
consider a report from the Committee on Rules on the same day
it is presented to the House) with respect to any resolution
reported through the legislative day of August 2, 2012.
EXPLANATION OF WAIVERS
Although the resolution waives all points of order against
consideration of H.R. 6169, the Committee is not aware of any
points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
provisions in H.R. 6169, the Committee is not aware of any
points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
the amendment in the nature of a substitute to H.R. 6169,
printed in part A of this report, the Committee is not aware of
any points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
consideration of H.R. 8, the Committee is not aware of any
points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
provisions in H.R. 8, the Committee is not aware of any points
of order. The waiver is prophylactic in nature.
The waiver of all points of order against the amendment in
the nature of a substitute to H.R. 8, printed in part B of this
report, could include a waiver of Section 311 of the
Congressional Budget Act, which prohibits consideration of
legislation that would cause revenues to be less than the level
of total revenues for the first fiscal year or for the total of
that first fiscal year and the ensuing fiscal years for which
allocations are provided, and clause 10 of rule XXI,
prohibiting the consideration of a bill if it has the net
effect of increasing mandatory spending over the first five- or
ten-year period. Section 503(b) of the House passed budget
resolution (H. Con. Res. 112) contemplates House consideration
of specific legislation which would be subject to an adjustment
of allocation by the Chairman of Committee on the Budget. While
the Rules Committee has been informed by the Budget Committee
that the underlying measure meets those requirements and would
therefore qualify for an adjustment under Section 503, the
Budget Committee has indicated that substitute printed in part
B of this report may not qualify due to the inclusion of tax
credits not contemplated under Section 503. Should the
substitute not qualify under section 503, the amendment would
be in violation of Section 311 of the Budget Act and clause 10
of rule XXI, and the waivers would be applicable.
COMMITTEE VOTES
The results of each record vote on an amendment or motion
to report, together with the names of those voting for and
against, are printed below:
Rules Committee record vote No. 345
Motion by Mr. McGovern to amend the rule for H.R. 8 to make
in order and provide the appropriate waivers for amendment #3,
offered by Rep. Blumenauer (OR), which would restore estate tax
relief in 2013, providing taxable estates an exemption rate of
$3.5 million, a maximum tax rate of 45%, and provide
unification of the estate and gift taxes and portability of
estate tax relief. Defeated: 3-8.
----------------------------------------------------------------------------------------------------------------
Majority Members Vote Minority Members Vote
----------------------------------------------------------------------------------------------------------------
Mr. Sessions.................................... Nay Ms. Slaughter..................... Yea
Ms. Foxx........................................ Nay Mr. McGovern...................... Yea
Mr. Bishop of Utah.............................. Nay Mr. Hastings of Florida........... Yea
Mr. Woodall..................................... Nay
Mr. Nugent...................................... Nay
Mr. Scott of South Carolina..................... Nay
Mr. Webster..................................... Nay
Mr. Dreier, Chairman............................ Nay
----------------------------------------------------------------------------------------------------------------
Rules Committee record vote No. 346
Motion by Mr. Sessions to report the rule. Adopted: 8-3.
----------------------------------------------------------------------------------------------------------------
Majority Members Vote Minority Members Vote
----------------------------------------------------------------------------------------------------------------
Mr. Sessions.................................... Yea Ms. Slaughter..................... Nay
Ms. Foxx........................................ Yea Mr. McGovern...................... Nay
Mr. Bishop of Utah.............................. Yea Mr. Hastings of Florida........... Nay
Mr. Woodall..................................... Yea
Mr. Nugent...................................... Yea
Mr. Scott of South Carolina..................... Yea
Mr. Webster..................................... Yea
Mr. Dreier, Chairman............................ Yea
----------------------------------------------------------------------------------------------------------------
SUMMARY OF THE AMENDMENT TO H.R. 6169 IN PART A MADE IN ORDER
Slaughter (NY): SUBSTITUTE AMENDMENT. Would lay out
Democratic principles for tax reform that call for increased
revenues to bring down our national debt and invest in economic
growth; a progressive tax rate structure; protecting the
vulnerable; repeal of the AMT; discouraging tax haven abuse;
elimination of tax breaks that ship jobs and profits overseas;
promotion of domestic manufacturing; and preserving incentives
for education, retirement, healthcare, home ownership, and
small business. (20 minutes)
SUMMARY OF THE AMENDMENT TO H.R. 8 IN PART B MADE IN ORDER
Levin, Sander (MI): SUBSTITUTE AMENDMENT. Would extend for
one year certain expired or expiring tax provisions that apply
to middle-income taxpayers with income below $250,000 for
married couples filing jointly, and below $200,000 for single
filers, including, but not limited to, marginal rate
reductions, capital gains and dividend rate preferences,
alternative minimum tax relief, marriage penalty relief, and
expanded tax relief for working families with children and
college students. (20 minutes)
PART A--TEXT OF AMENDMENT MADE IN ORDER
Strike all after the enacting clause and insert the
following:
SECTION 1. FINDINGS REGARDING COMPREHENSIVE TAX REFORM.
Congress finds that--
(1) legislation to reform the Internal Revenue Code
of 1986 is both necessary and desirable, and
(2) the House of Representatives and the Senate
should move quickly under regular order to proceed with
a bill which--
(A) identifies revenue sources that in
conjunction with targeted spending reductions
will provide the long-term means to reduce the
national debt significantly and make
investments in national priorities such as
infrastructure, education, research, and
defense that are critical to future American
competitiveness and job growth,
(B) adopts a rate structure that distributes
the tax burden in a more progressive manner,
(C) discourages tax avoidance, including tax
avoidance accomplished using entities or
accounts in tax haven jurisdictions,
(D) preserves and improves those provisions
of the Internal Revenue Code of 1986 that
support middle class home ownership, education,
retirement savings, and healthcare,
(E) repeals the alternative minimum tax
(commonly known as the AMT),
(F) retains and improves refundable tax
credits that encourage work and education while
lifting millions of Americans out of poverty,
(G) eliminates tax breaks for businesses that
move jobs and profits overseas in combination
with a reduction in tax rates for American
manufacturers, which are vital to innovation
and job growth, and
(H) preserves and improves incentives for
small business investment and growth.
----------
PART B--TEXT OF AMENDMENT MADE IN ORDER
Strike all after the enacting clause and insert the
following:
SECTION 1. SHORT TITLE; ETC.
(a) Short Title.--This Act may be cited as the ``Middle Class
Tax Cut Act''.
(b) Amendment of 1986 Code.--Except as otherwise expressly
provided, whenever in this Act an amendment or repeal is
expressed in terms of an amendment to, or repeal of, a section
or other provision, the reference shall be considered to be
made to a section or other provision of the Internal Revenue
Code of 1986.
(c) Table of Contents.--The table of contents of this Act is
as follows:
Sec. 1. Short title; etc.
TITLE I--TEMPORARY EXTENSION OF TAX RELIEF
Sec. 101. Temporary extension of 2001 tax relief.
Sec. 102. Temporary extension of 2003 tax relief.
Sec. 103. Temporary extension of 2010 tax relief.
Sec. 104. Temporary extension of election to expense certain depreciable
business assets.
TITLE II--ALTERNATIVE MINIMUM TAX RELIEF
Sec. 201. Temporary extension of increased alternative minimum tax
exemption amount.
Sec. 202. Temporary extension of alternative minimum tax relief for
nonrefundable personal credits.
TITLE III--TREATMENT FOR PAYGO PURPOSES
Sec. 301. Treatment for PAYGO purposes.
TITLE I--TEMPORARY EXTENSION OF TAX RELIEF
SEC. 101. TEMPORARY EXTENSION OF 2001 TAX RELIEF.
(a) Temporary Extension.--
(1) In general.--Section 901(a)(1) of the Economic
Growth and Tax Relief Reconciliation Act of 2001 is
amended by striking ``December 31, 2012'' and inserting
``December 31, 2013''.
(2) Effective date.--The amendment made by this
subsection shall take effect as if included in the
enactment of the Economic Growth and Tax Relief
Reconciliation Act of 2001.
(b) Application to Certain High-Income Taxpayers.--
(1) Income tax rates.--
(A) Treatment of 25- and 28-percent rate
brackets.--Paragraph (2) of section 1(i) is
amended to read as follows:
``(2) 25- and 28-percent rate brackets.--The tables
under subsections (a), (b), (c), (d), and (e) shall be
applied--
``(A) by substituting `25%' for `28%' each
place it appears (before the application of
subparagraph (B)), and
``(B) by substituting `28%' for `31%' each
place it appears.''.
(B) 33-percent rate bracket.--Subsection (i)
of section 1 is amended by redesignating
paragraph (3) as paragraph (4) and by inserting
after paragraph (2) the following new
paragraph:
``(3) 33-percent rate bracket.--
``(A) In general.--In the case of taxable
years beginning after December 31, 2012--
``(i) the rate of tax under
subsections (a), (b), (c), and (d) on a
taxpayer's taxable income in the fourth
rate bracket shall be 33 percent to the
extent such income does not exceed an
amount equal to the excess of--
``(I) the applicable amount,
over
``(II) the dollar amount at
which such bracket begins, and
``(ii) the 36 percent rate of tax
under such subsections shall apply only
to the taxpayer's taxable income in
such bracket in excess of the amount to
which clause (i) applies.
``(B) Applicable amount.--For purposes of
this paragraph, the term `applicable amount'
means the excess of--
``(i) the applicable threshold, over
``(ii) the sum of the following
amounts in effect for the taxable year:
``(I) the basic standard
deduction (within the meaning
of section 63(c)(2)), and
``(II) the exemption amount
(within the meaning of section
151(d)(1) (or, in the case of
subsection (a), 2 such
exemption amounts).
``(C) Applicable threshold.--For purposes of
this paragraph, the term `applicable threshold'
means--
``(i) $250,000 in the case of
subsection (a),
``(ii) $225,000 in the case of
subsection (b),
``(iii) $200,000 in the case of
subsections (c), and
``(iv) \1/2\ the amount applicable
under clause (i) (after adjustment, if
any, under subparagraph (E)) in the
case of subsection (d).
``(D) Fourth rate bracket.--For purposes of
this paragraph, the term `fourth rate bracket'
means the bracket which would (determined
without regard to this paragraph) be the 36-
percent rate bracket.
``(E) Inflation adjustment.--For purposes of
this paragraph, with respect to taxable years
beginning in calendar years after 2012, each of
the dollar amounts under clauses (i), (ii), and
(iii) of subparagraph (C) shall be adjusted in
the same manner as under paragraph (1)(C),
except that subsection (f)(3)(B) shall be
applied by substituting `2008' for `1992'.''.
(2) Phaseout of personal exemptions and itemized
deductions.--
(A) Overall limitation on itemized
deductions.--Section 68 is amended--
(i) by striking ``the applicable
amount'' the first place it appears in
subsection (a) and inserting ``the
applicable threshold in effect under
section 1(i)(3)'',
(ii) by striking ``the applicable
amount'' in subsection (a)(1) and
inserting ``such applicable
threshold'',
(iii) by striking subsection (b) and
redesignating subsections (c), (d), and
(e) as subsections (b), (c), and (d),
respectively, and
(iv) by striking subsections (f) and
(g).
(B) Phaseout of deductions for personal
exemptions.--
(i) In general.--Paragraph (3) of
section 151(d) is amended--
(I) by striking ``the
threshold amount'' in
subparagraphs (A) and (B) and
inserting ``the applicable
threshold in effect under
section 1(i)(3)'',
(II) by striking subparagraph
(C) and redesignating
subparagraph (D) as
subparagraph (C), and
(III) by striking
subparagraphs (E) and (F).
(ii) Conforming amendments.--
Paragraph (4) of section 151(d) is
amended--
(I) by striking subparagraph
(B),
(II) by redesignating clauses
(i) and (ii) of subparagraph
(A) as subparagraphs (A) and
(B), respectively, and by
indenting such subparagraphs
(as so redesignated)
accordingly, and
(III) by striking all that
precedes ``in a calendar year
after 1989,'' and inserting the
following:
``(4) Inflation adjustment.--In the case of any
taxable year beginning''.
(c) Effective Date.--Except as otherwise provided, the
amendments made by this section shall apply to taxable years
beginning after December 31, 2012.
(d) Application of EGTRRA Sunset.--Each amendment made by
subsection (b) shall be subject to title IX of the Economic
Growth and Tax Relief Reconciliation Act of 2001 to the same
extent and in the same manner as if such amendment was included
in title I of such Act.
SEC. 102. TEMPORARY EXTENSION OF 2003 TAX RELIEF.
(a) Extension.--
(1) In general.--Section 303 of the Jobs and Growth
Tax Relief Reconciliation Act of 2003 is amended by
striking ``December 31, 2012'' and inserting ``December
31, 2013''.
(2) Effective date.--The amendment made by this
subsection shall take effect as if included in the
enactment of the Jobs and Growth Tax Relief
Reconciliation Act of 2003.
(b) 20-Percent Capital Gains Rate for Certain High Income
Individuals.--
(1) In general.--Paragraph (1) of section 1(h) is
amended by striking subparagraph (C), by redesignating
subparagraphs (D) and (E) as subparagraphs (E) and (F)
and by inserting after subparagraph (B) the following
new subparagraphs:
``(C) 15 percent of the lesser of--
``(i) so much of the adjusted net
capital gain (or, if less, taxable
income) as exceeds the amount on which
a tax is determined under subparagraph
(B), or
``(ii) the excess (if any) of--
``(I) the amount of taxable
income which would (without
regard to this paragraph) be
taxed at a rate below 36
percent, over
``(II) the sum of the amounts
on which a tax is determined
under subparagraphs (A) and
(B),
``(D) 20 percent of the adjusted net capital
gain (or, if less, taxable income) in excess of
the sum of the amounts on which tax is
determined under subparagraphs (B) and (C),''.
(2) Minimum tax.--Section 55 is amended by adding at
the end the following new subsection:
``(f) 20-percent Capital Gains Rate for Certain High Income
Individuals.--
``(1) In general.--In the case of any individual, if
the taxpayer's taxable income for the taxable year
exceeds the applicable amount determined under section
1(i) with respect to such taxpayer for such taxable
year, the amount determined under paragraph (2) shall
be substituted for the amount determined under
subsection (b)(3)(C) for purposes of determining the
taxpayer's tentative minimum tax for such taxable year.
``(2) Determination of 20-percent capital gains
rate.--The amount determined under this paragraph is
the sum of--
``(A) 15 percent of the lesser of--
``(i) so much of the adjusted net
capital gain (or, if less, taxable
excess) as exceeds the amount on which
tax is determined under subsection
(b)(3)(B), or
``(ii) the excess described in
section 1(h)(1)(C)(ii), plus
``(B) 20 percent of the adjusted net capital
gain (or, if less, taxable excess) in excess of
the sum of the amounts on which tax is
determined under subparagraph (A) and
subsection (b)(3)(B).''.
(c) Conforming Amendments.--
(1) The following provisions are each amended by
striking ``15 percent'' and inserting ``20 percent'':
(A) Section 531.
(B) Section 541.
(C) Section 1445(e)(1).
(D) The second sentence of section
7518(g)(6)(A).
(E) Section 53511(f)(2) of title 46, United
States Code.
(2) Section 1445(e)(6) is amended by striking ``15
percent (20 percent in the case of taxable years
beginning after December 31, 2010)'' and inserting ``20
percent''.
(d) Effective Dates.--
(1) In general.--Except as otherwise provided, the
amendments made by subsections (b) and (c) shall apply
to taxable years beginning after December 31, 2012.
(2) Withholding.--The amendments made by paragraphs
(1)(C) and (2) of subsection (c) shall apply to amounts
paid on or after January 1, 2013.
(e) Application of JGTRRA Sunset.--Each amendment made by
subsections (b) and (c) shall be subject to section 303 of the
Jobs and Growth Tax Relief Reconciliation Act of 2003 to the
same extent and in the same manner as if such amendment was
included in title III of such Act.
SEC. 103. TEMPORARY EXTENSION OF 2010 TAX RELIEF.
(a) American Opportunity Tax Credit.--
(1) In general.--Section 25A(i) is amended by
striking ``or 2012'' and inserting ``2012, or 2013''.
(2) Treatment of possessions.--Section 1004(c)(1) of
division B of the American Recovery and Reinvestment
Tax Act of 2009 is amended by striking ``and 2012''
each place it appears and inserting ``2012, and 2013''.
(b) Child Tax Credit.--Section 24(d)(4) is amended--
(1) by striking ``and 2012'' in the heading and
inserting ``2012, and 2013'', and
(2) by striking ``or 2012'' and inserting ``2012, or
2013''.
(c) Earned Income Tax Credit.--Section 32(b)(3) is amended--
(1) by striking ``and 2012'' in the heading and
inserting ``2012, and 2013'', and
(2) by striking ``or 2012'' and inserting ``2012, or
2013''.
(d) Temporary Extension of Rule Disregarding Refunds in the
Administration of Federal Programs and Federally Assisted
Programs.--Subsection (b) of section 6409 is amended by
striking ``December 31, 2012'' and inserting ``December 31,
2013''.
(e) Effective Dates.--
(1) In general.--Except as provided in paragraph (2),
the amendments made by this section shall apply to
taxable years beginning after December 31, 2012.
(2) Rule disregarding refunds in the administration
of certain programs.--The amendment made by subsection
(d) shall apply to amounts received after December 31,
2012.
SEC. 104. TEMPORARY EXTENSION OF ELECTION TO EXPENSE CERTAIN
DEPRECIABLE BUSINESS ASSETS.
(a) In General.--
(1) Dollar limitation.--Section 179(b)(1) is
amended--
(A) by striking ``and'' at the end of
subparagraph (C),
(B) by redesignating subparagraph (D) as
subparagraph (E),
(C) by inserting after subparagraph (C) the
following new subparagraph:
``(D) $250,000 in the case of taxable years
beginning in 2013, and'', and
(D) in subparagraph (E), as so redesignated,
by striking ``2012'' and inserting ``2013''.
(2) Reduction in limitation.--Section 179(b)(2) is
amended--
(A) by striking ``and'' at the end of
subparagraph (C),
(B) by redesignating subparagraph (D) as
subparagraph (E),
(C) by inserting after subparagraph (C) the
following new subparagraph:
``(D) $800,000 in the case of taxable years
beginning in 2013, and'', and
(D) in subparagraph (E), as so redesignated,
by striking ``2012'' and inserting ``2013''.
(b) Computer Software.--Section 179(d)(1)(A)(ii) is amended
by striking ``2013'' and inserting ``2014''.
(c) Election.--Section 179(c)(2) is amended by striking
``2013'' and inserting ``2014''.
(d) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31, 2012.
TITLE II--ALTERNATIVE MINIMUM TAX RELIEF
SEC. 201. TEMPORARY EXTENSION OF INCREASED ALTERNATIVE MINIMUM TAX
EXEMPTION AMOUNT.
(a) In General.--Paragraph (1) of section 55(d) is amended--
(1) by striking ``$72,450'' and all that follows
through ``2011'' in subparagraph (A) and inserting
``$78,750 in the case of taxable years beginning in
2012'', and
(2) by striking ``$47,450'' and all that follows
through ``2011'' in subparagraph (B) and inserting
``$50,600 in the case of taxable years beginning in
2012''.
(b) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31, 2011.
SEC. 202. TEMPORARY EXTENSION OF ALTERNATIVE MINIMUM TAX RELIEF FOR
NONREFUNDABLE PERSONAL CREDITS.
(a) In General.--Paragraph (2) of section 26(a) is amended--
(1) by striking ``or 2011'' and inserting ``2011, or
2012'', and
(2) by striking ``2011'' in the heading thereof and
inserting ``2012''.
(b) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31, 2011.
TITLE III--TREATMENT FOR PAYGO PURPOSES
SEC. 301. TREATMENT FOR PAYGO PURPOSES.
The budgetary effects of this Act shall not be entered on
either PAYGO scorecard maintained pursuant to section 4(d) of
the Statutory Pay-As-You-Go Act of 2010.