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Small Business Health Insurance Promotion Act of 2005

Introduced: May 4, 2005 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 23, 2005

Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman.

May 20, 2005

Referred to the Subcommittee on Employer-Employee Relations.

May 4, 2005

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

May 4, 2005

Introduced in House

Plain-English summary Congressional Research Service

Small Business Health Insurance Promotion Act of 2005 - Amends the Internal Revenue Code to allow certain small employers (not more than 50 employees) a business tax credit equal to 50 percent of amounts paid by such employers for the health care coverage of their employees under a qualified health pooling arrangement. Limits the period during which the tax credit may be taken to four years from the date the employer begins participating in a qualified health pooling arrangement. Defines "qualified health pooling arrangement" as a national or state arrangement that provides health benefits coverage substantially similar to that of the four largest health benefit plans offered to Federal employees.

Directs the Secretaries of Health and Human Services and Labor to provide for the offering and oversight of qualified State and national health pooling arrangements and to conduct a study, through the Institute of Medicine of the National Academy of Sciences, of the operation of such arrangements.

What's happening now May 23, 2005

Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman.

Committees of jurisdiction 5