Amendment · S.Amdt. 372· Senate(119-SAMDT-372)

S.Amdt. 372

Age: 62 years

Nevada

Changes bill: 119-SCONRES-7 — An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.

What this amendment would do

It sets up a deficit-neutral reserve fund for supporting tipped workers.
It allows the Chairman of the Senate Committee on the Budget to make changes to financial levels and the pay-as-you-go ledger for legislation dealing with tipped workers.
It suggests that support could include providing a deduction for tipped income.
It requires that this deduction does not lower any worker's earned income credit or child credit amount.
It says the cost must be offset by increasing taxes on the wealthy.
It ensures the legislation would not increase the deficit over the fiscal years 2025 through 2034.