summary
Introduced
03/01/2021
03/01/2021
In Committee
03/01/2021
03/01/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th 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, to improve cost-sharing subsidies under the Patient Protection and Affordable Care Act, and for other purposes.
AI Summary
This bill aims to improve health insurance affordability in the United States. It proposes to expand eligibility for the refundable tax credit for coverage under a qualified health plan and enhance the cost-sharing subsidies provided under the Patient Protection and Affordable Care Act (ACA). Specifically, the bill eliminates the 400% federal poverty line cap on eligibility for the premium tax credit, increases the amount of the cost-sharing subsidies, and changes the benchmark plan from silver to gold, all of which are intended to make health insurance more affordable for more Americans.
Committee Categories
Budget and Finance
Sponsors (16)
Jeanne Shaheen (D)*,
Tammy Baldwin (D),
Michael Bennet (D),
Richard Blumenthal (D),
Ben Cardin (D),
Bob Casey (D),
Catherine Cortez Masto (D),
Maggie Hassan (D),
Tim Kaine (D),
Amy Klobuchar (D),
Chris Murphy (D),
Jack Reed (D),
Jacky Rosen (D),
Tina Smith (D),
Debbie Stabenow (D),
Jon Tester (D),
Last Action
Read twice and referred to the Committee on Finance. (on 03/01/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/499/all-info |
| BillText | https://www.congress.gov/117/bills/s499/BILLS-117s499is.pdf |
| Bill | https://www.congress.gov/117/bills/s499/BILLS-117s499is.pdf.pdf |
Loading...