S.Amdt. 2800

SA 2800. Mr. CORNYN submitted an amendment intended to be proposed to
amendment SA 2786 proposed by Mr. Reid (for himself, Mr. Baucus, Mr.
Dodd, and Mr. Harkin) to the bill H.R. 3590, to amend the Internal
Revenue Code of 1986 to modify the first-time homebuyers credit in the
case of members of the Armed Forces and certain other Federal
employees, and for other purposes; which was ordered to lie on the
table; as follows:

At the appropriate place in title I, insert the following:

SEC. __. LOWERING COSTS FOR FAMILIES.

Notwithstanding any other provision of this Act (or an
amendment made by this Act), this Act (and amendments), other
than this section, shall not take effect until such time as
the Office of the Actuary for the Centers for Medicare &
Medicaid Services certifies to Congress that the
implementation of this Act (and amendments) would reduce
annual health insurance premiums by $2,500 for the average
American family.
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