summary
Introduced
06/05/2023
06/05/2023
In Committee
06/07/2023
06/07/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to inform employers of flexible health insurance benefits.
AI Summary
This bill, the Small Business Flexibility Act, aims to inform employers, especially small businesses, about the availability of tax-advantaged flexible health insurance benefits. The key provisions include:
1. The Secretary of the relevant department (likely the Department of Health and Human Services or the Department of the Treasury) will be required to notify employers within one year of the bill's enactment about the following flexible health insurance benefits: individual contribution health reimbursement arrangements, qualified small employer health reimbursement arrangements, and the small employer health insurance tax credit.
2. The bill defines "employer" as having the same meaning as in the Employee Retirement Income Security Act (ERISA), and "flexible health insurance benefits" as the specific arrangements and tax credits mentioned above.
The goal of the bill is to make employers, particularly small businesses, aware of these various options for providing tax-advantaged health insurance coverage to their employees.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 82. (on 06/12/2023)
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/118th-congress/house-bill/3798/all-info |
| BillText | https://www.congress.gov/118/bills/hr3798/BILLS-118hr3798rh.pdf |
| BillText | https://www.congress.gov/118/bills/hr3798/BILLS-118hr3798ih.pdf |
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