S.Amdt. 2613

SA 2613. Ms. CANTWELL 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:

Strike subsection (c) of section 225 of the Internal
Revenue Code of 1986, as added by section 70202(a), and
insert the following:
``(c) Qualified Overtime Compensation.--For purposes of
this section, the term `qualified overtime compensation'
means compensation that is paid to a taxpayer--
``(1) at a rate that is in excess of the regular rate at
which the taxpayer is employed, and
``(2) for work for a single employer performed at a rate
required pursuant to--

[[Page S4025]]

``(A) section 7 of the Fair Labor Standards Act of 1938,
``(B) an agreement that--
``(i) is a collective bargaining agreement or an agreement
or understanding arrived at between the employer and the
employee before performance of the work, and
``(ii) requires the work to be in excess of a maximum
number of hours for a specified period of time that is not
less than 40 hours for a 7-day work period, or
``(C)(i) an agreement or arrangement, including a
collective bargaining agreement, between an employee who is a
crewmember (including a flight crewmember), or labor
organization representing such employees, and an employer who
are covered by the Railway Labor Act that provides for
premium pay for work beyond scheduled hours on duty or for
hours on duty that exceed a monthly maximum, or
``(ii) any other agreement or arrangement, including a
collective bargaining agreement, between an employee (or a
labor organization representing employees) and an employer
who are covered by the Railway Labor Act.''.
______