S.J. Res. 50

116TH CONGRESS
1ST SESSION

S. J. RES. 50

Providing for congressional disapproval under chapter 8 of title 5,
United States Code, of the rule submitted by the Internal
Revenue Service, Department of the Treasury, relating
to "Contributions in Exchange for State or Local Tax Credits".

IN THE SENATE OF THE UNITED STATES

JULY 16, 2019

Mr. SCHUMER (for himself, Mr. WYDEN, Mr. MENENDEZ,
Mrs. GILLIBRAND, Mr. BOOKER, Mr. BLUMENTHAL, Mrs. MURRAY,
Mr. MURPHY, Mr. MERKLEY, Mr. VAN HOLLEN, and Mr. DURBIN)
introduced the following joint resolution; which was
read twice and referred to the Committee on _____

JOINT RESOLUTION

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service, Department of the Treasury, relating to "Contributions in Exchange for State or Local Tax Credits".

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Internal Revenue Service, Department of the Treasury, relating to "Contributions in Exchange for State or Local Tax Credits" (84 Fed. Reg. 27513 (June 13, 2019)), and such rule shall have no force or effect.