S.Amdt. 2894Senate111th Congress (2009-2011)2nd degree
S.Amdt. 2894
Sponsored by
Sen. Sherrod Brown (D-OH)
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. ______