S.Amdt. 3175

SA 3175. Mr. MENENDEZ submitted an amendment intended to be proposed by him 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:

On page _, between lines _ and _, insert the following:

(c) Special Rule for Certain Facilities.--Section 45(e) is amended by adding at the end the following new paragraph:

“(12) Special rule for certain qualified facilities.--

“(A) In general.--In the case of a qualified facility described in paragraph (3) or (7) of subsection (d) and placed in service before the date of the enactment of this paragraph, subsection (a)(2)(A)(ii) shall be applied by substituting ‘the period beginning after December 31, 2013, and ending before January 1, 2016' for ‘the 10-year period beginning on the date the facility was originally placed in service'.

“(B) Limitation.--No credit shall be allowed under subsection (a) by reason of subparagraph (A) with respect to electricity produced and sold at a facility during any period which, when aggregated with all other periods for which a credit is allowed under this section with respect to electricity produced and sold at such facility, is in excess of 10 years.”.