S.Amdt. 3175

SA 3175. Mr. SPECTER (for himself, Mr. Brown, and Mr. Casey)
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 816, after line 20, insert the following:

SEC. 3115. EXCLUSION OF CUSTOMARY PROMPT PAY DISCOUNTS
EXTENDED TO WHOLESALERS FROM MANUFACTURER'S
AVERAGE SALES PRICE FOR PAYMENTS FOR DRUGS AND
BIOLOGICALS UNDER MEDICARE PART B.

Section 1847A(c)(3) of the Social Security Act (42 U.S.C.
1395w-3a(c)(3)) is amended--
(1) in the first sentence, by inserting after ``prompt pay
discounts'' the following: ``(other than, for drugs and
biologicals that are sold on or after January 1, 2011, and
before January 1, 2016, customary prompt pay discounts
extended to wholesalers, but only to the extent such
discounts do not exceed 2 percent of the wholesale
acquisition cost)''; and
(2) in the second sentence, by inserting after ``other
price concessions'' the following: ``(other than, for drugs
and biologicals that are sold on or after January 1, 2011,
and before January 1, 2016, customary prompt pay discounts
extended to wholesalers, but only to the extent such
discounts do not exceed 2 percent of the wholesale
acquisition cost)''.
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