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Tax Extenders Act Of 2009—Resumed

The clerk will report the pending business.

The legislative clerk read as follows:

A bill (H.R. 4213) to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes.

Pending:

Baucus amendment No. 3336, in the nature of a substitute. Sessions amendment No. 3337 ( to amendment No. 3336), to reduce the deficit by establishing discretionary spending caps. Thune amendment No. 3338 ( to amendment No. 3336), to create additional tax relief for businesses.

The Senator from Louisiana.

Sen. Mary L. Landrieu

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Madam President, I know we have returned to H.R. 4213. It is my intention to call up amendment No. 3335, sponsored by myself, Senator Cochran, Senator Wicker, and Senator Vitter.

Without objection, the pending amendment is set aside.

The clerk will report the amendment.

The legislative clerk read as follows:

The Senator from Louisiana [Ms. LANDRIEU], for herself, Mr. Vitter, Mr. Wicker, and Mr. Cochran, proposes an amendment numbered 3335 to amendment No. 3336.

The amendment is as follows:(Purpose: To amend the Internal Revenue Code of 1986 to extend the low-

After section 185, insert the following:

Section 1400N(c)(5) is amended by striking ``January 1, 2011'' and inserting ``January 1, 2013''.

The Senator from Louisiana.

Sen. Mary L. Landrieu

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Madam President, I spoke at length about this amendment today, so it is not necessary for me to go into a great deal of detail. I offer it on behalf of several Senators from the gulf coast in order to help extend the placed-in-service state for several low-income housing units along the gulf coast. We are not asking for additional authority, we are not asking for new tax credits but just to allow us the tax credits that have already been allocated.

Without the State extension, we will lose literally thousands of affordable housing dwellings and approximately 13,000 jobs. Since we are focused on jobs and focused on economic growth and development, we thought this would be an appropriate amendment to this bill.

I have called up the amendment, and I will allow the leadership to decide when the appropriate time to vote on this amendment will be.

I suggest the absence of a quorum.

The clerk will call the roll.

The assistant legislative clerk proceeded to call the roll.

Sen. Charles E. Schumer

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Madam President, I ask unanimous consent that the order for the quorum call be rescinded.

Without objection, it is so ordered.