DemocratSecond Degree Amendment · S.Amdt. 2564· Senate(119-SAMDT-2564)

To repeal amendments that terminate certain clean energy credits, and for other purposes.

Rep. Shaheen
Age: 79 years
New Hampshire
Introduced
6/29/2025
Last activity
7/1/2025 — Amendment SA 2564 not agreed to in Senate by Yea-Nay Vote. 49 - 51. Record Vote Number: 366.
Sponsored by
Jeanne Shaheen
Cosponsors
Democrat - 7Republican - 0
Changes amendment
119-SAMDT-2360
On the bill
119-HR-1 — One Big Beautiful Bill Act
  1. Introduced
  2. Failed

What this amendment would do

This amendment aims to add a new chapter titled ADDITIONAL TAX PROVISIONS to the bill.

It proposes two main changes:

  • Repeal of Certain Credit Terminations: It repeals the amendments made by sections 70505, 70506, 70507, and 70508, meaning the Internal Revenue Code of 1986 would be applied as if those specific amendments were never enacted regarding certain clean energy credits.

  • New Tax Rate Bracket: It establishes a 39.6 percent individual income tax rate bracket for taxable income that exceeds $10,000,000. This change would apply to taxable years beginning after December 31, 2025.

What Congress actually voted on

One recorded vote has been taken on this amendment.

  • The Senate: a vote on a proposed change to the billAmendment Rejected 49–51

    A vote on one change, not on the bill. A bill can collect dozens of these, and losing one does not stop it.

    07/01/2025 · Roll call 366 · recorded as “On the Amendment S.Amdt. 2564 to S.Amdt. 2360 to H.R. 1 (No short title on file)”