S.Amdt. 2894Senate111th Congress (2009-2011)2nd degree

S.Amdt. 2894

Submitted December 4, 2009

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Senate amendment submitted

December 4, 2009

Text

Submitted

SA 2894. Mr. BROWN (for himself, Mr. Schumer, and 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 938, strike lines 17, 18, and 19 and insert the
following:
``(A) In general.--The term `discounted price' means--
``(i) in the case of an applicable drug that is a biologic
product, 75 percent of the negotiated price of the applicable
drug of the manufacturer; and
``(ii) in the case of any other applicable drug, 50 percent
of the negotiated price of the applicable drug of the
manufacturer.
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