S.Amdt. 4531Senate111th Congress (2009-2011)2nd degree
S.Amdt. 4531
Sponsored by
Sen. Mike Johanns (R-NE)
Submitted July 27, 2010
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Senate amendment submitted
July 27, 2010
Text
Submitted
SA 4531. Mr. JOHANNS submitted an amendment intended to be proposed to amendment SA 4519 proposed by Mr. Reid (for himself, Mr. Baucus, and Ms. Landrieu) to the bill H.R. 5297, to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place insert the following: PART IV--ADDITIONAL PROVISIONS SEC. 4271. REPEAL OF EXPANSION OF INFORMATION REPORTING REQUIREMENTS. Section 9006 of the Patient Protection and Affordable Care Act, and the amendments made thereby, are hereby repealed; and the Internal Revenue Code of 1986 shall be applied as if such section, and amendments, had never been enacted. SEC. 4272. EXPANSION OF AFFORDABILITY EXCEPTION TO INDIVIDUAL MANDATE. Section 5000A(e)(1)(A) of the Internal Revenue Code of 1986 is amended by striking ``8 percent'' and inserting ``5 percent''. SEC. 4273. USE OF PREVENTION AND PUBLIC HEALTH FUND. (a) Use of Funds as Offset Through Fiscal Year 2017.-- Section 4002(b) of the Patient Protection and Affordable Care Act is amended by striking ``appropriated--'' and all that follows and inserting ``appropriated, for fiscal year 2018, and each fiscal year thereafter, $2,000,000,000''. (b) Effective Date.--The amendment made by this section shall take effect as if included in the enactment of section 4002 of the Patient Protection and Affordable Care Act. SEC. 4274. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. The percentage under paragraph (2) of section 561 of the Hiring Incentives to Restore Employment Act in effect on the date of the enactment of this Act is increased by 4.25 percentage points. ____________________