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April 4, 2008, 12:00 am ET - Amendment SA 4382 proposed by Senator Lincoln to Amendment SA 4387.
April 7, 2008, 12:00 am ET - Considered by Senate.
April 8, 2008, 12:00 am ET - Considered by Senate.
April 9, 2008, 12:00 am ET - Considered by Senate.
April 9, 2008, 12:00 am ET - Proposed amendment SA 4382 withdrawn in Senate.
Full Text of this Amendment
SA 4382. Mrs. LINCOLN (for herself, Mr. Smith, Mr. Kerry, Ms. Stabenow, and Mr. Levin) submitted an amendment intended to be proposed by her to the bill H.R. 3221, moving the United States toward greater energy independence and security, developing innovative new technologies, reducing carbon emissions, creating green jobs, protecting consumers, increasing clean renewable energy production, and modernizing our energy infrastructure, and to amend the Internal
Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation; which was ordered to lie on the table, as follows:
At the end of title III add the following:
SEC. 302. EXCLUSION FOR AMOUNTS RECEIVED UNDER QUALIFIED GROUP LEGAL SERVICES PLANS RESTORED, EXTENDED, AND MODIFIED.
(a) Removal of Dollar Limitation.--Section 120(a) of the Internal Revenue Code of 1986 (relating to exclusion by employee for contributions and legal services provided by employer) is amended by striking the last sentence.
(b) Real Estate Matters Emphasized.--Section 120(c) of the Internal Revenue Code of 1986 (relating to requirements) is amended by adding at the end the following new paragraph:
``(6) BENEFITS.--The plan shall provide, at a minimum, legal services for real estate matters relating to family or personal residences, including document review of real estate sales, purchases, closings, mortgages, and foreclosures.''.
(c) Extension.--Section 120(e) of the Internal Revenue Code of 1986 is amended to read as follows:
``(e) Application.--This section and section 501(c)(20) shall apply to taxable years beginning after December 31, 2007, and before January 1, 2010.''.
(d) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2007.
(As printed in the Congressional Record for the Senate on Apr 1, 2008.)
Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation; which was ordered to lie on the table, as follows:
At the end of title III add the following:
SEC. 302. EXCLUSION FOR AMOUNTS RECEIVED UNDER QUALIFIED GROUP LEGAL SERVICES PLANS RESTORED, EXTENDED, AND MODIFIED.
(a) Removal of Dollar Limitation.--Section 120(a) of the Internal Revenue Code of 1986 (relating to exclusion by employee for contributions and legal services provided by employer) is amended by striking the last sentence.
(b) Real Estate Matters Emphasized.--Section 120(c) of the Internal Revenue Code of 1986 (relating to requirements) is amended by adding at the end the following new paragraph:
``(6) BENEFITS.--The plan shall provide, at a minimum, legal services for real estate matters relating to family or personal residences, including document review of real estate sales, purchases, closings, mortgages, and foreclosures.''.
(c) Extension.--Section 120(e) of the Internal Revenue Code of 1986 is amended to read as follows:
``(e) Application.--This section and section 501(c)(20) shall apply to taxable years beginning after December 31, 2007, and before January 1, 2010.''.
(d) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2007.
(As printed in the Congressional Record for the Senate on Apr 1, 2008.)
