S 2434 113th Congress Senate Taxation Employee benefits and pensions Health care costs and insurance Health care coverage and access Income tax credits

Family Coverage Act

Introduced: June 5, 2014 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 5, 2014

Introduced in Senate

Jun 5, 2014

Read twice and referred to the Committee on Finance.

Plain-English summary Congressional Research Service

Family Coverage Act - Expresses the sense of Congress that the Secretaries of Health and Human Services (HHS) and the Treasury have the administrative authority, within their respective jurisdictions, to apply the affordability provision of the Patient Protection and Affordable Care Act so as to expand access to affordable health insurance coverage for working families without further legislation.

Amends the Internal Revenue Code to modify the affordability requirement for the tax credit for health care premium assistance to provide that an employee is eligible for premium assistance if his or her required contribution to an employer-sponsored health care plan does not exceed 9.5% of family household income.

What's happening now June 5, 2014

Read twice and referred to the Committee on Finance.

Committees of jurisdiction 1