S.Amdt. 4352

SA 4352. Mr. HATCH submitted an amendment intended to be proposed to
amendment SA 4301 proposed by Mr. Baucus to the bill H.R. 4213, to
amend the Internal Revenue Code of 1986 to extend certain expiring
provisions, and for other purposes; which was ordered to lie on the
table; as follows:

At the end of title VI, insert the following:

SEC. 6__. WAIVER OF EMPLOYER HEALTH SHARED RESPONSIBILITY
PAYMENT IN CASE OF JOB LOSSES.

(a) In General.--Section 4980H of the Internal Revenue Code
of 1986 is amended by adding at the end the following new
subsection:
``(e) Waiver Upon Certification of Job Losses.--Subsections
(a) and (b) shall not apply to any employer who certifies to
the Secretary and the Secretary of Labor, at such time and in
such manner as such Secretaries require, that the imposition
of an assessable payment would result in the employer
reducing employees.''.
(b) Effective Date.--The amendment made by this section
shall take effect on the date of the enactment of this Act.
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