Bill

Bill > HR942


US HR942

US HR942
To amend the Internal Revenue Code of 1986 to provide for the application of the premium tax credit in the case of certain individuals who are unemployed during 2021.


summary

Introduced
02/08/2021
In Committee
02/08/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to provide for the application of the premium tax credit in the case of certain individuals who are unemployed during 2021.

AI Summary

This bill amends the Internal Revenue Code to provide for the application of the premium tax credit, which helps make health insurance more affordable, in the case of certain individuals who received unemployment compensation during 2021. Specifically, the bill treats these individuals as "applicable taxpayers" eligible for the premium tax credit, and it does not take into account any household income of the taxpayer in excess of 133% of the federal poverty line. The bill also requires taxpayers to provide self-attestation and documentation to demonstrate their receipt or approval of unemployment compensation.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to the House Committee on Ways and Means. (on 02/08/2021)

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