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HR 2306 114th Congress House Taxation Health care costs and insurance Income tax credits Marriage and family status

Obamacare Marriage Penalty Elimination Act

Introduced: May 13, 2015 Introduced by: Grothman, Glenn Republican · Wisconsin See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2015
Referred to the Subcommittee on Health.
May 13, 2015
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 13, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Obamacare Marriage Penalty Elimination Act

This bill amends the Internal Revenue Code, with respect to the tax credit for health care insurance premium assistance, to: (1) calculate the amount of such credit in the case of a joint tax return as the sum of each credit amount allowed to each spouse, thus preventing the tax effect known as the marriage penalty; and (2) replace the 400% poverty line eligibility limit for such credit with an applicable percentage based on a calculation of the combination of increased tax revenues and decreased outlays resulting from this Act.

What's happening now May 15, 2015

Referred to the Subcommittee on Health.

 Committees of jurisdiction 3