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S 160 109th Congress Senate Taxation Commerce Cooperative societies Economics and Public Finance Employee health benefits Finance and Financial Sector Grants-in-aid Health Health insurance Income tax Indexing (Economic policy) Insurance premiums Labor and Employment Medical savings accounts Nonprofit organizations Quality of care Risk Small business Social Welfare Tax credits

Save Act

Introduced: January 25, 2005 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 2005
Read twice and referred to the Committee on Finance.
Jan 25, 2005
Introduced in Senate
 Plain-English summary Congressional Research Service

Save Act - Amends the Internal Revenue Code to allow: (1) individuals and families a refundable tax credit for the the cost of private health insurance; (2) advance payments of the health insurance tax credit to health insurance providers; (3) a tax deduction from gross income (available to taxpayers whether or not they itemize deductions) for premiums paid for high deductible health insurance plans; and (4) certain small business employers a general business tax credit for contributions to a health savings account.

State High Risk Pool Funding Extension Act of 2005 - Amends the Public Health Service Act to direct the Secretary of Health and Human Services to make grants to States for the establishment and operation of high risk health insurance pools and health insurance purchasing cooperatives.

What's happening now January 25, 2005

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1