S.Amdt. 3026

SA 3026. Mr. ENSIGN 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 2044, between lines 7 and 8, insert the following:
(d) Additional Hospital Insurance Tax Solely Dedicated to
Medicare.--It is the policy of Congress that the additional
hospital insurance taxes resulting from the amendments made
by this section shall, as is the case regarding such taxes
under the Social Security Act as in effect on the date of the
enactment of this Act, be deposited into the Federal Hospital
Insurance Trust Fund and under the terms of that Trust Fund
used only for purposes of funding the medicare program under
part A of title XVIII of the Social Security Act.
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