Political Quotes

On the recordMarch 5, 2021
I call up my amendment No. 1331 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The legislative clerk read as follows: The Senator from Utah [Mr. Lee] proposes an amendment numbered 1331 to amendment No. 891. The amendment is as follows (Purpose: To limit the expansion of premium assistance for households above 500 percent of the federal poverty line) Strike section 9661 and insert the following: SEC. 9661. IMPROVING AFFORDABILITY BY EXPANDING PREMIUM ASSISTANCE FOR CONSUMERS. (a) In General.--Section 36B(b)(3)(A) of the Internal Revenue Code of 1986 is amended by adding at the end the following new clause: ``(iii) Temporary percentages for 2021 and 2022.--In the case of a taxable year beginning in 2021 or 2022-- ``(I) clause (ii) shall not apply for purposes of adjusting premium percentages under this subparagraph, and ``(II) the following table shall be applied in lieu of the table contained in clause (i): ------------------------------------------------------------------------ ``In the case of household income (expressed as a percent of poverty The initial The final line) within the following income premium premium tier: percentage is-- percentage is-- ------------------------------------------------------------------------ Up to 150.0 percent.................. 0.0 0.0 150.0 percent up to 200.0 percent.... 0.0 2.0 200.0 percent up to 250.0 percent.... 2.0 4.0 250.0 percent up to 300.0 percent....…
Said by
Bill Lee
Republican · Tennessee
Source
govinfo.gov
Mar 5, 2021

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