S.Amdt. 3147

SA 3147. 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:

On page 339, between lines 12 and 13, insert the following:
``(5) High deductible health plan.--
``(A) In general.--If an applicable individual--
``(i) is an employee of an employer who ceases to offer the
employee the opportunity to enroll in an eligible employer-
sponsored plan, or
``(ii) ceases employment with an employer and is not
otherwise eligible to enroll in an eligible employer-
sponsored plan,
the applicable individual may enroll in a high deductible
health plan described in subparagraph (C) and such plan shall
be treated as minimum essential coverage.
``(B) Continued enrollment.--If an individual described in
subparagraph (A) enrolls in a high deductible health plan
described in subparagraph (C), such plan shall continue to be
treated as minimum essential coverage with respect to that
individual during any continuous period of enrollment even if
the individual is otherwise eligible to enroll in an eligible
employer-sponsored plan.
``(C) Plan described.--A health plan is described in this
subparagraph if it is a high deductible health plan (as
defined in section 223(c)(2)) that meets all requirements
under such section to be offered in connection with a health
savings account. No requirement imposed by any provision of,
or any amendment made by, the Patient Protection and
Affordable Care Act shall apply with respect to the plan or
issuer thereof.
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