S.Amdt. 2880

SA 2880. Mr. JOHANNS 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 2074, after line 25, insert the following:

TITLE X--DELAYED IMPLEMENTATION

SEC. 10001. DELAYED IMPLEMENTATION.

Notwithstanding any other provision of this Act, or the
amendments made by this Act, such provisions or amendments
shall not take effect before the date that the Board of
Trustees of the Federal Hospital Insurance Trust Fund under
section 1817 of the Social Security Act (42 U.S.C. 1395i)
submits an annual report to Congress under subsection (b)(2)
of such section that includes a statement that such Trust
Fund is projected to be solvent through 2037.
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