S.Amdt. 3704
What it does: Adds SEC. 14__. EXEMPTION OF MIDDLE INCOME INDIVIDUAL AND FAMILIES FROM INDIVIDUAL MANDATE at the end of subtitle E of title I
Sen. Mike Crapo (R-ID)What it changes
1 change to H.R. 4872 · shown in the bill's text
Adds SEC. 14__. EXEMPTION OF MIDDLE INCOME INDIVIDUAL AND FAMILIES FROM INDIVIDUAL MANDATE at the end of subtitle E of title I
Adds a sectionIn H.R. 4872 · Placed on Calendar Senate
The percentage under paragraph (1) of section 202(b) of the Corporate Estimated Tax Shift Act of 2009 in effect on the date of the enactment of this Act is increased by 15.75 percentage points.
Inserted: SEC. 14__. EXEMPTION OF MIDDLE INCOME INDIVIDUAL AND FAMILIES FROM INDIVIDUAL MANDATE.
Inserted: (a) In General.--Section 5000A(e) of the Internal Revenue Code of 1986, as added by the Patient Protection and Affordable Care Act, is amended by adding at the end the following new paragraph:
Inserted: "(6) Middle income individuals and families.--Any applicable individual for any month during a calendar year if the individual's household income for the taxable year described in section 1412(b)(1)(B) of the Patient Protection and Affordable Care Act is less than $200,000 ($250,000 in the case of a joint return), determined in the same manner as under subsection (c)(4).".
Inserted: (b) Effective Date.--The amendment made by this section shall apply to taxable years ending after December 31, 2013.
Original wording
At the end of subtitle E of title I, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 3704. Mr. CRAPO submitted an amendment intended to be proposed by him 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 E of title I, add the following:
SEC. 14__. EXEMPTION OF MIDDLE INCOME INDIVIDUAL AND FAMILIES FROM INDIVIDUAL MANDATE.
(a) In General.--Section 5000A(e) of the Internal Revenue Code of 1986, as added by the Patient Protection and Affordable Care Act, is amended by adding at the end the following new paragraph:
“(6) Middle income individuals and families.--Any applicable individual for any month during a calendar year if the individual's household income for the taxable year described in section 1412(b)(1)(B) of the Patient Protection and Affordable Care Act is less than $200,000 ($250,000 in the case of a joint return), determined in the same manner as under subsection (c)(4).”.
(b) Effective Date.--The amendment made by this section shall apply to taxable years ending after December 31, 2013.
Legislative Activity
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Senate amendment submitted
March 25, 2010