S.Amdt. 2951Senate111th Congress (2009-2011)2nd degree

S.Amdt. 2951

Submitted December 6, 2009

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Senate amendment submitted

December 6, 2009

Text

Submitted

SA 2951. Mr. Rockefeller 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 112, between lines 8 and 9, insert the following:
(5) Maximum total out-of-pocket expenses.--
(A) In general.--Notwithstanding any other provision of
this Act (or any amendments made by this Act), in no case may
out-of-pocket expenses incurred under a health plan with
respect to self-only coverage or coverage other than self-
only exceed the following limits for any plan year beginning
in or after 2014:
(i) 7.5 percent of annual household income for an
individual with household income under 200 percent of the
poverty line for the size of the family involved.
(ii) 10 percent of annual household income for an
individual with household income between 200 and 400 percent
of the poverty line for the size of the family involved.
(iii) 12 percent of annual household income for an
individual with household income above 400 percent of the
poverty line for the size of the family involved.
(B) Out-of-pocket expenses.--In this paragraph, the term
``out-of-pocket expenses'' includes deductibles, coinsurance,
copayments, premiums, balance billing amounts for non-network
providers, and similar charges.
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