S.Amdt. 3192

SA 3192. Mr. ENZI 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 356, between lines 19 and 20, insert the following:
``(f) Limitation.--If in any calendar year the national
unemployment rate (as determined by the Bureau of Labor
Statistics) exceeds 6 percent, then, notwithstanding any
other provision of law, this section shall not apply for the
remainder of such calendar year.''.
______