The House can’t pass a reconciliation bill when the Senate bill is not law. It isn’t law until signed. That is the problem they were trying to get around with deem and pass. They know the House Dems are afraid after the Senate bill becomes law the Senate will not take up reconciliation. And even if they tried to take it up, reconciliation would cause several key aspects of the bill to be stripped out because points of order would succeed against them. Reconciliation is a budget tool and can’t handle policy matters. Therefore the bill would change in the Senate and be forced back to the House for ANOTHER House vote. Eventually the two chambers would have to pass the same bill or else have it compromised in a joint conference committee.
You got it right.