That's the traditional argument, that nobody's going to buy me for $200. I get that argument all the time.
These are your laws, your rules. You can make them whatever you want. I have suggested in the past that you make it so that you don't have to report, say, under $35 or $50, or something like that? I think that's a more reasonable level than $200. That would be a bit better, from your point of view, than no gifts at all. Then you could conflate the two ideas of reportability and acceptability, which is what you're trying to do with your amendment, I think.