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S 2701 109th Congress Senate Taxation Cost of living adjustments Crime and Law Enforcement Economics and Public Finance Finance and Financial Sector Government Operations and Politics Health Health care fraud Health insurance Income tax Indexing (Economic policy) Insurance premiums Medically uninsured Names Poverty Signs and symbols Social Welfare Tax credits Tax refunds Tax returns

A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit for high deductible health plans for uninsured individuals.

Introduced: May 3, 2006 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 3, 2006
Read twice and referred to the Committee on Finance.
May 3, 2006
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow low and moderate income taxpayers without health insurance a refundable tax credit for 90% of the cost of high deductible health insurance (up to $3,000) to provide coverage for the taxpayer, the taxpayer's spouse, and dependents.

Directs the Secretary of the Treasury to establish a program for making advance payment of tax credit amounts to health insurance providers.

What's happening now May 3, 2006

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1