S.Amdt. 703Senate111th Congress (2009-2011)

S.Amdt. 703

What it does: Adds TITLE VII--MILLIONAIRE EXEMPTION at the end of the bill
Sponsored by Tom CoburnSen. Tom Coburn (R-OK)
Submitted March 25, 2009

What it changes

1 change to H.R. 1388 · shown in the bill's text

Adds a section
  1. Adds TITLE VII--MILLIONAIRE EXEMPTION at the end of the bill

    Adds a title

    In H.R. 1388 · Placed on Calendar Senate

    Passed the House of Representatives March 18, 2009.

    Inserted: TITLE VII--MILLIONAIRE EXEMPTION

    Inserted: SEC. 701. EXEMPTION FOR MILLIONAIRES.

    Inserted: (a) In General.--Notwithstanding any other provision of this Act or any provision of the national service laws (as defined in section 101 of the National and Community Service Act of 1990 (42 U.S.C. 12511)), no wealthy individual who participates in a program under this Act or any of such national service laws may receive stipend, living allowance, education award, or other compensation by virtue of such participation.

    Inserted: (b) Wealthy Individual.--In this section, the term "wealthy individual" means an individual who is from a family with a taxable annual income of more than $1,000,000.

    Original wording

    At the end of the bill, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 703. Mr. COBURN submitted an amendment intended to be proposed by him to the bill H.R. 1388, to reauthorize and reform the national service laws; which was ordered to lie on the table; as follows:

At the end of the bill, add the following:

TITLE VII--MILLIONAIRE EXEMPTION

SEC. 701. EXEMPTION FOR MILLIONAIRES.

(a) In General.--Notwithstanding any other provision of this Act or any provision of the national service laws (as defined in section 101 of the National and Community Service Act of 1990 (42 U.S.C. 12511)), no wealthy individual who participates in a program under this Act or any of such national service laws may receive stipend, living allowance, education award, or other compensation by virtue of such participation.

(b) Wealthy Individual.--In this section, the term “wealthy individual” means an individual who is from a family with a taxable annual income of more than $1,000,000.

Legislative Activity

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Floor Latest Action

Senate amendment submitted

March 25, 2009