summary
Introduced
04/01/2019
04/01/2019
In Committee
04/01/2019
04/01/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan. This bill expands taxpayer eligibility for the refundable tax credit for the cost of health care insurance and increases the size of the tax credit for all income brackets.
AI Summary
This bill, the Improving Health Insurance Affordability Act of 2019, aims to expand eligibility and increase the size of the refundable tax credit for the cost of health care insurance. Specifically, it increases the income eligibility threshold for the tax credit from 400% of the federal poverty level to 800%. Additionally, it adjusts the applicable percentage of income that individuals must contribute towards their health insurance premiums, lowering the percentage for those with lower incomes and increasing it for those with higher incomes. The bill also raises the limit on recapture of the tax credit for those with incomes between 400-800% of the federal poverty level.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Read twice and referred to the Committee on Finance. (on 04/01/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/961/all-info |
| BillText | https://www.congress.gov/116/bills/s961/BILLS-116s961is.pdf |
| Bill | https://www.congress.gov/116/bills/s961/BILLS-116s961is.pdf.pdf |
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