S.Amdt. 4531Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4531

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Act, and the amendments made thereby, are hereby repealed;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.

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