To strike the 2-year limitation on the small business tax credit for taxable years after the Exchanges open.

SA 3634. Mrs. HUTCHISON submitted an amendment intended to be
proposed by her to the bill H.R. 4872, to provide for reconciliation
pursuant to Title II of the concurrent resolution on the budget for
fiscal year 2010 (S. Con. Res. 13); which was ordered to lie on the
table; as follows:

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

SEC. 1006. REPEAL OF TAXABLE YEAR LIMITATION ON SMALL
BUSINESS TAX CREDIT.

(a) In General.--Section 45R of the Internal Revenue Code
of 1986, as added by section 1421 of the Patient Protection
and Affordable Care Act and amended by section 10105(e) of
such Act, is amended--
(1) by striking ``in the credit period'' in subsection (a),
(2) in subsection (e), by striking paragraph (2) and
redesignating paragraphs (3), (4), and (5) as paragraphs (2),
(3), and (4), respectively,
(3) in subsection (g), by striking paragraph (1) and
redesignating paragraphs (2) and (3) as paragraphs (1) and
(2), respectively, and
(4) by striking ``to prevent the avoidance of the 2-year
limit on the credit period through the use of successor
entities and'' in subsection (i).
(b) Effective Date.--The amendments made by this section
shall take effect as if included in the provisions of the
Patient Protection and Affordable Care Act to which the
amendments relate.
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