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S 3548 111th Congress Senate Health Employee benefits and pensions Health care costs and insurance

Extend COBRA Premium Assistance Program Act of 2010

Introduced: June 29, 2010 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 29, 2010
Read twice and referred to the Committee on Finance.
Jun 29, 2010
Introduced in Senate
 Plain-English summary Congressional Research Service

Extend COBRA Premium Assistance Program Act of 2010 - Amends the American Recovery and Reinvestment Act of 2009 to extend premium assistance for COBRA coverage (health insurance continuation benefits) until November 30, 2010. Limits premium assistance to a period of six months for individuals who are terminated from employment after June 1, 2010.

Revises rules for valuing assets in grantor retained annuity trusts to require that: (1) the right to receive fixed amounts from an annuity last for a term of not less than 10 years; (2) such fixed amounts not decrease during the first 10 years of the annuity term; and (3) the remainder interest have a value greater than zero when transferred.

What's happening now June 29, 2010

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1