S.Amdt. 3152Senate113th Congress (2013-2015)2nd degree
S.Amdt. 3152
Sponsored by
Sen. Tom Coburn (R-OK)
Submitted May 15, 2014
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Senate amendment submitted
May 15, 2014
Text
Submitted
SA 3152. Mr. COBURN submitted an amendment intended to be proposed to amendment SA 3060 proposed by Mr. Wyden to the bill H.R. 3474, to amend the Internal Revenue Code of 1986 to allow employers to exempt employees with health coverage under TRICARE or the Veterans Administration from being taken into account for purposes of the employer mandate under the Patient Protection and Affordable Care Act; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. DISCLOSURE OF PUBLIC COMPANIES RECEIVING CERTAIN TAX BENEFITS. (a) In General.--Notwithstanding section 6103 of the Internal Revenue Code of 1986 or any other provision of law, the Secretary of the Treasury, or the Secretary's delegate, shall provide to administrator of the website established under the Federal Funding Accountability and Transparency Act of 2006 (31 U.S.C. 6101 note), for purposes of inclusion on such website, the information described in subsection (b) with respect to any corporation-- (1) the stock of which is publicly traded on an established securities market, and (2) which is allowed an applicable tax benefit. (b) Information Included.--The information described in this subsection is-- (1) the name of the corporation, (2) the type of applicable tax benefit, and (3) the amount of the applicable tax benefit. (c) Applicable Tax Benefit.--For purposes of this section, the term ``applicable tax benefit'' means, with respect to any taxpayer for any taxable year beginning after December 31, 2013, any credit, deduction, or other benefit allowed to the taxpayer by reason of an amendment made by-- (1) part II or part III of subtitle A of title I of this Act, (2) subtitle B of title I of this Act, or (3) section 107(b) of this Act. ______