S.Amdt. 2987

SA 2987. Mr. BARRASSO 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:

At the appropriate place in title I, insert the following:

SEC. __. PROTECTING THE TAXPAYERS.

The provisions of this title (and the amendments made by
this title) shall not apply with respect to a fiscal year if
the Director of the Office of Management and Budget fails to
certify to Congress that the application of such provisions
(and amendments) in such fiscal year will not increase the
Federal budget deficit.
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