S.Amdt. 2472

SA 2472. Mr. BOOKER submitted an amendment intended to be proposed to
amendment SA 2266 proposed by Mr. McConnell to the bill H.R. 22, to
amend the Internal Revenue Code of 1986 to exempt employees with health
coverage under TRICARE or the Veterans Administration from being taken
into account for purposes of determining the employers to which the
employer mandate applies under the Patient Protection and Affordable
Care Act; which was ordered to lie on the table; as follows:

Beginning on page 429, strike line 23 and all that follows
through page 434, line 18, and insert the following:

SEC. 32201. MINIMUM INSURANCE COVERAGE.

(a) Transporting Property.--
(1) In general.--Section 31139(b) is amended--
(A) in paragraph (2), by striking ``$750,000'' and
inserting ``$1,500,000''; and
(B) by adding at the end the following:
``(3) The minimum level of financial responsibility under
paragraph (2) shall be adjusted annually by the Secretary to
reflect changes in the Consumer Price Index--All Urban
Consumers.''.
(2) Effective date.--The amendments made by paragraph (1)
shall take effect on the date that is 1 year after the date
of the enactment of this Act.
(b) Rulemaking.--The Secretary, by regulation, shall
increase any minimum level of financial responsibility
required under section 31138 or section 31139 if, after an
opportunity for notice and comment, the Secretary determines
that the current amount is insufficient to satisfy liability
amounts covering the claims described in section 31138 or
section 31139, as applicable.
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