S.Amdt. 3571

1. Adds SEC. 1__. SPECIAL RULE FOR INDIVIDUALS AGE 30 AND OVER NOT ELIGIBLE FOR EXCHANGE CREDITS AND REDUCTIONS at the end of subtitle F of title I

   Adds a section

   In H.R. 4872 · Placed on Calendar Senate

   Section 279(b) of the Trade Act of 1974 (19 U.S.C. 2372a(b)) is amended by striking "Supplement" and all that follows through "Funds" and inserting "There are" and by striking "pursuant" and all that follows and inserting "$500,000,000 for each of fiscal years 2011, 2012, 2013, and 2014 to carry out this subchapter, except that the limitations contained in section 278(a)(2) shall not apply to such funds and each State shall receive not less than 0.5 percent of the amount appropriated pursuant to this subsection for each such fiscal year.".

   Inserted: SEC. 1__. SPECIAL RULE FOR INDIVIDUALS AGE 30 AND OVER NOT ELIGIBLE FOR EXCHANGE CREDITS AND REDUCTIONS.

   Inserted: Section 1302(e) of the Patient Protection and Affordability Act is amended--

   Inserted: (1) by redesignating paragraph (3) as paragraph (4); and

   Inserted: (2) by inserting after paragraph (2), the following:

   Inserted: "(3) Special rule for individuals age 30 and over not eligible for exchange credits and reductions.--

   Inserted: "(A) In general.--Subject to subparagraph (B), an individual who has attained at least the age of 30 before the beginning of a plan year shall be treated as an individual described in paragraph (2) if the individual is not eligible for the plan year for the premium tax credit under section 36B of the Internal Revenue Code of 1986 or the cost-sharing reductions under section 1402 with respect to enrollment in a qualified health plan offered through an Exchange. The preceding sentence shall not apply to an individual if the individual is not eligible for such credit or reductions because the individual is eligible to enroll in minimum essential coverage consisting of coverage under a government sponsored program described in section 5000A(f)(1)(A).

   Inserted: "(B) Requirements.--Subparagraph (A) shall only apply to an individual if the individual elects the application of this paragraph and such election provides that--

   Inserted: "(i) the individual acknowledges that coverage under the catastrophic plan is the lowest coverage available, that the plan provides no benefits for any plan year until the individual has incurred cost-sharing expenses in an amount equal to the annual limitation in effect under subsection (c)(1) for the plan year (except as provided for in section 2713), and that these cost-sharing expenses could involve significant financial risk for the individual; and

   Inserted: "(ii) the individual agrees that--

   Inserted: "(I) the individual will not change such coverage until the next applicable annual or special enrollment period under section 1311(c)(5); and

   Inserted: "(II) if the individual elects to change such coverage at the time of such enrollment period, the individual may only enroll in the bronze level of coverage.

   Inserted: "(4) State authority.--In accordance with section 1321(d), a State may impose additional requirements or conditions for catastrophic plans described in this subsection to the extent such requirements or conditions are not inconsistent with the requirements under this subsection.".

   Original wording

   At the end of subtitle F of title I, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed