S.Amdt. 2974

SA 2974. Ms. SNOWE 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 114, beginning with line 17, strike all through
page 116, line 6, and insert the following:
(e) Catastrophic Plan.--
(1) In general.--A health plan not providing a bronze,
silver, gold, or platinum level of coverage shall be treated
as meeting the requirements of subsection (d) with respect to
any plan year if the plan provides --
(A) except as provided in subparagraph (B), the essential
health benefits determined under subsection (b), except that
the plan provides no benefits for any plan year until

[[Page S12633]]

the individual has incurred cost-sharing expenses in an
amount equal to the annual limitation in effect under
subsection (c)(1) for the plan year (except as provided for
in section 2713); and
(B) coverage for at least three primary care visits.
(2) Restriction to individual market.--If a health
insurance issuer offers a health plan described in this
subsection, the issuer may only offer the plan in the
individual market.
On page 155, beginning with line 22, strike all through
page 156, line 3, and insert the following:
(A) Individuals allowed to enroll in any plan.--A qualified
individual may enroll in any qualified health plan.
On page 250, lines 7 through 10, strike ``, except that
such term shall not include a qualified health plan which is
a catastrophic health plan described in section 1302(e) of
such Act''.
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