S.Amdt. 3218

SA 3218. Mr. DORGAN 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

[[Page S13201]]

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 99, between lines 4 and 5, insert the following:
(e) Application of Lifetime Aggregate Limits.--
(1) In general.--Notwithstanding any other provision of
this section, the provisions of section 2711 of the Public
Health Service Act (as added by section 1001) that relate to
lifetime limits shall apply to grandfathered health plans
(including group health plans and individual health insurance
coverage), except as provided for in paragraph (2).
(2) Phase-out.--A grandfathered health plan--
(A) may not apply a lifetime limit that is less than
$5,000,000 during the first two plan years beginning after
the date of enactment of this Act;
(B) may not apply a lifetime limit that is less than
$10,000,000 during the third and fourth plan years beginning
after the date of enactment of this Act; and
(C) shall not apply any lifetime limit for plans years
beginning on or after January 1, 2014.

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