S.Amdt. 2938

SA 2938. Mrs. GILLIBRAND (for herself, Ms. Stabenow, Mr. Brown, Mr.
Kerry, Mr. Menendez, Mr. Schumer, and Mr. Levin) 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 1996, between lines 3 and 4, insert the following:

SEC. 9001A. INCREASED THRESHOLDS ON HIGH COST EMPLOYER-
SPONSORED HEALTH COVERAGE SUBJECT TO EXCISE
TAX.

Section 4980I of the Internal Revenue Code of 1986, as
added by section 9001(b), is amended--
(1) by striking ``$8,500'' in subsection (b)(3)(C)(i)(I)
and inserting ``$9,500'', and
(2) by striking ``$23,000'' in subsection (b)(3)(C)(i)(II)
and inserting ``$25,000''.
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