Senate Bill 1307
115th Congress(2017-2018)
Affordable Health Insurance for the Middle Class Act
Introduced
Introduced in Senate on Jun 7, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1307
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Affordable Health Insurance for the Middle Class Act
This bill amends the Internal Revenue Code to modify the eligibility requirements for the premium assistance tax credit, which is provided to eligible individuals and families to subsidize the purchase of health insurance plans on an exchange established under the Patient Protection and Affordable Care Act.
The bill expands eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the taxable year equals or exceeds 100% of the federal poverty line. (Under current law, household income must equal or exceed 100%, but may not exceed 400% of the poverty line.)
June 7, 2017
06/07/2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3330-3331)
06/07/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:37:39 PM