S.Amdt. 5360

SA 5360. Mrs. FISCHER submitted an amendment intended to be proposed
to amendment SA 5194 proposed by Mr. Schumer to the bill H.R. 5376, to
provide for reconciliation pursuant to title II of S. Con. Res. 14;
which was ordered to lie on the table; as follows:

On page 391, strike line 22 and all that follows through
page 393, line 13, and insert the following:
``(i) in the case of a joint return or a surviving spouse
(as defined in section 2(a)), $150,000,
``(ii) in the case of a head of household (as defined in
section 2(b)), $112,500, and
``(iii) in the case of a taxpayer not described in clause
(i) or (ii), $75,000.
``(C) Modified adjusted gross income.--For purposes of this
paragraph, the term `modified adjusted gross income' means
adjusted gross income increased by any amount excluded from
gross income under section 911, 931, or 933.
``(11) Manufacturer's suggested retail price limitation.--
No credit shall be allowed under subsection (a) for a vehicle
with a manufacturer's suggested retail price in excess of
$42,000.''.
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