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S 2762 114th Congress Senate Taxation Border security and unlawful immigration Correctional facilities and imprisonment Health care costs and insurance Health care coverage and access Income tax credits Income tax deductions

RECOUP Act of 2016

Introduced: April 7, 2016 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 7, 2016
Read twice and referred to the Committee on Finance.
Apr 7, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

Recovering Erroneous Credits from Outlaws and Unlawful Persons Act of 2016 or the RECOUP Act of 2016

This bill amends the Internal Revenue Code to provide for the full recapture of advance payments of refundable tax credits for health coverage under the Patient Protection and Affordable Care Act, if the payments were made to individuals who are not lawfully present in the United States or are incarcerated. The bill also specifies that the premiums of certain incarcerated individuals for whom a taxpayer is allowed a deduction for a personal exemption (including the taxpayer, the taxpayer's spouse, or dependents) must be excluded from calculations of premium assistance credit amounts.

What's happening now April 7, 2016

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1