S 3550
109th Congress
Senate
Taxation
Armed Forces and National Security
Armed forces reserves
Finance and Financial Sector
Health
Income tax
Insurance premiums
Managed care
Military medicine
Tax exclusion
A bill to allow members of the Selected Reserve enrolled in the TRICARE program to pay premiums with pre-tax dollars.
Introduced: June 21, 2006
Introduced by:
Graham, Lindsey
Republican
· South Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 21, 2006
Read twice and referred to the Committee on Finance.
Jun 21, 2006
Introduced in Senate
Plain-English summary
Directs the Secretary of Defense to institute a health premium conversion plan under which members of the Selected Reserve who are participating in the TRICARE program (a Department of Defense (DOD) managed care program) may choose between cash and health benefits under such program.
Requires the premium conversion plan to be designed to meet Internal Revenue Code requirements allowing premium payments with pretax dollars.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1