S.Amdt. 2842

SA 2842. Mr. SANDERS 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:

On page 249, strike lines 3 through 12, and insert the
following:
(ii) Coverage must provide minimum value and essential
benefits.--Except as provided in clause (iii), an employee
shall not be treated as eligible for minimum essential
coverage if such coverage consists of an eligible employer-
sponsored plan (as defined in section 5000A(f)(2)) and--

(I) the plan's share of the total allowed costs of benefits
provided under the plan is less than 60 percent of such
costs, or
(II) the plan does not provide coverage for at least the
essential health benefits required to be provided by a
qualified health plan under section 1302(b) of the Patient
Protection and Affordable Care Act.

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