S.Amdt. 2511

SA 2511. Mr. WHITEHOUSE submitted an amendment intended to be
proposed to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to
the bill H.R. 1, to provide for reconciliation pursuant to title II of
H. Con. Res. 14; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. _____. REPEAL OF CERTAIN PROVISIONS.

(a) Provisions Relating to International Tax.--The
amendments made by the following provisions of this Act are
repealed, and the Internal Revenue Code of 1986 shall be
applied as if such amendments had not been enacted:
(1) Section 70311 (relating to rules for allocation of
certain deductions to foreign source net CFC tested income
for purposes of foreign tax credit limitation).
(2) Section 70312 (relating to modifications to
determination of deemed paid credit for taxes property
attributable to tested income).
(3) Section 70313 (relating to sourcing certain income from
sale of inventory produced in the United States).
(4) Section 70321 (relating to modification of deduction
for foreign-derived deduction eligible income and net CFC
tested income).
(5) Section 70322 (relating to determination of deduction
eligible income).
(6) Section 70331 (relating to the extension and
modification of the base erosion minimum tax amount).
(7) Section 70351 (relating to permanent extension of look-
thru rule for controlled foreign corporations).
(8) Section 70353 (relating to restoration of limitation on
downward attribution of stock ownership in applying
constructive ownership rules).
(b) Provisions Relating to Medicaid.--The amendments made
by the following provisions of this Act are repealed, and the
Social Security Act shall be applied as if such amendments
had not been enacted:
(1) Section 71103 (relating to reducing duplicate
enrollment under the Medicaid and CHIP programs).
(2) Section 71107 (relating to eligibility
redetermination).
(3) Section 71113 (relating to limiting retroactive
coverage).
(4) Section 71116 (relating to sunsetting increased FMAP
incentive).
(5) Section 71122 (relating to modifying cost sharing
requirements for certain expansion individuals under the
Medicaid program).
(c) Effective Date.--The repeals made by this section shall
take effect as if included in the enactment of the section to
which they relate.
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