S.Amdt. 3161Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3161
Sponsored by
Sen. John Thune (R-SD)
Submitted December 10, 2009
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Senate amendment submitted
December 10, 2009
Text
Submitted
SA 3161. Mr. THUNE 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 101, between lines 19 and 20, insert the following: (3) Inclusion of high deductible health plans in certain states.-- (A) In general.--If a State is described in subparagraph (B) with respect to health plans offered in the individual or small group market, then, on and after the certification date-- (i) a health plan described in subparagraph (C) shall be treated as a qualified health plan under this section, and as minimum essential coverage under section 5000A of such Code, for purposes of this Act and the amendments made by this Act; and (ii) no requirement imposed by any provision of, or any amendment made by, this Act shall apply with respect to such plan or issuer thereof. (B) State described.--For purposes of this paragraph-- (i) In general.--A State is described in this subparagraph with respect to the individual or small group market within the State if the applicable State authority determines for any calendar year after 2013 that the percentage increase in average annual premiums for health insurance coverage in such market for the calendar year over the preceding calendar year exceeds the percentage increase for such period in the Consumer Price Index for all urban consumers published by the Department of Labor. (ii) Certification date.--The term ``certification date'' means the first date on which the applicable State authority certifies a determination described in clause (i). (iii) Applicable state authority.--The term ``applicable State authority'' has the meaning given such term by section 2791(d)(1) of the Public Health Service Act. (C) High deductible health plan.--A health plan is described in this subparagraph if the plan is a high deductible health plan (as defined in section 223(c)(2) of the Internal Revenue Code of 1986) that meets all requirements under such section to be offered in connection with a health savings account. ______