,,ii  #aacth ,,congress  #ast ,session  
,s4 #afbj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #cj1  
#bjac,mr4 ,cornyn introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to prohibit the             
consideration of any bill by ,congress  
unless a statement on tax transparency  
is provided in the bill4  #a4 ,short    
title ,this ,act may be cited as the    
,tax ,transparency ,act of #bjac4  #b4  
,tax effect transparency  7a7 ,in       
general ,chapter #b of title #a1 ,united
 ,states ,code1 is amended by inserting 
after section #ajb the following3       
#ajb;a4 ,tax effect transparency  7a7   
,in general ,each ,act of ,congress1    
bill1 resolution1 conference report     
thereon1 or amendment there to1 that    
modifies ,federal tax law shall contain 
a statement describing the general      
effect of the modification on ,federal  
tax law4  7b7 ,failure ,to comply  7#a7 
,in general ,a failure to comply with   

subsection 7a7 shall give rise to a     
point of order in either ,house of      
,congress1 which may be raised by any   
,senator during consideration in the    
,senate or any ,member of the ,house of 
,representatives during consideration in
 the ,house of ,representatives4  7#b7  
,nonexclusivity ,the availability of a  
point of order under this section shall 
not affect the availability of any other
 point of order4  7c7 ,disposition of   
point of order in the ,senate  7#a7 ,in 
general ,any ,senator may raise a point 
of order that any matter is not in order
 under subsection 7a74  7#b7 ,waiver    
7,a7 ,in general ,any ,senator may move 
to waive a point of order raised under  
paragraph 7#a7 by an affirmative vote of
 three-fifths of the ,senators duly     
chosen and sworn4  7,b7 ,procedures ,for
 a motion to waive a point of order     
under subparagraph 7,a7 as to a matter--
 7i7 a motion to table the point of     
order shall not be in order2  7ii7 all  
motions to waive one or more points of  

order under this section as to the      
matter shall be debatable for a total of
 not more than #a hour1 equally divided 
between the ,senator raising the point  
of order and the ,senator moving to     
waive the point of order or their       
designees2 and  7iii7 a motion to waive 
the point of order shall not be         
amendable4  7d7 ,disposition of point of
 order in the ,house of ,representatives
  7#a7 ,in general ,if a ,member of the 
,house of ,representatives makes a point
 of order under this section1 the ,chair
 shall put the question of consideration
 with respect to the proposition of     
whether any statement made under        
subsection 7a7 was adequate or1 in the  
absence of such a statement1 whether a  
statement is required under subsection  
7a74  7#b7 ,consideration ,for a point  
of order under this section made in the 
,house of ,representatives-- 7,a7 the   
question of consideration shall be      
debatable for #aj minutes1 equally      
divided and controlled by the ,member   

making the point of order and by an     
opponent1 but shall otherwise be decided
 without intervening motion except one  
that the ,house of ,representatives     
adjourn or that the ,committee of the   
,whole rise1 as the case may be2  7,b7  
in selecting the opponent1 the ,speaker 
of the ,house of ,representatives should
 first recognize an opponent from the   
opposing party2 and  7,c7 the           
disposition of the question of          
consideration with respect to a measure 
shall be considered also to determine   
the question of consideration under this
 section with respect to an amendment   
made in order as original text4  7e7    
,rulemaking authority ,the provisions of
 this section are enacted by the        
,congress-- 7#a7 as an exercise of the  
rulemaking power of the ,house of       
,representatives and the ,senate1       
respectively1 and as such they shall be 
considered as part of the rules of each 
,house1 respectively1 or of that ,house 
to which they specifically apply1 and   

such rules shall supersede other rules  
only to the extent that they are        
inconsistent therewith2 and  7#b7 with  
full recognition of the constitutional  
right of either ,house to change such   
rules 7so far as relating to such       
,house7 at any time1 in the same manner1
 and to the same extent as in the case  
of any other rule of such ,house4  4    
7b7 ,clerical amendment ,the table of   
sections at the beginning of chapter #b 
of title #a1 ,united ,states ,code1 is  
amended by inserting after the item     
relating to section #ajb the following  
new item3  #ajb;a4 ,tax effect          
transparency4  4