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US S3582

US S3582
A bill to amend the Internal Revenue Code of 1986 to expand eligibility for the health care tax credit to workers in certain critical industries.


summary

Introduced
03/25/2020
In Committee
03/25/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to expand eligibility for the health care tax credit to workers in certain critical industries. This bill extends the tax credit for health insurance costs to eligible national defense or infrastructure workers. An eligible national defense or infrastructure worker is an individual who was employed in a critical industry as of January 31, 2020, filed for unemployment compensation after such date, and is covered by health insurance. A critical industry is an industry related to critical national infrastructure or national defense and is severely distressed due to COVID-19 (i.e., the coronavirus disease 2019). The bill also extends the tax credit through 2022.

AI Summary

This bill extends the tax credit for health insurance costs to eligible national defense or infrastructure workers. An eligible worker is someone who was employed in a critical industry as of January 31, 2020, filed for unemployment after that date, and is covered by health insurance. A critical industry is one related to critical national infrastructure or national defense that has been severely impacted by COVID-19. The bill also extends the tax credit through 2022.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Read twice and referred to the Committee on Finance. (on 03/25/2020)

bill text


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