S.Amdt. 2888

SA 2888. 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 end of section 1323, add the following:
(1) Implementation.--Notwithstanding any other provision of
this title (or an amendment made by this title), this section
shall not take effect until such time as the Office of the
Actuary for the Centers for Medicare & Medicaid Services, in
consultation with the National Association of Insurance
Commissioners, certifies to Congress that the Medicare
program under title XVIII of the Social Security Act (42
U.S.C. 1395 et seq.) meets the standards for risk-based
capital as established by the National Association of
Insurance Commissioners.

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