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HR 3620 115th Congress House Taxation Health care costs and insurance Income tax credits

Affordable Coverage for More Americans Act of 2017

Introduced: July 28, 2017 Introduced by: Ruiz, Raul Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2017
Referred to the House Committee on Ways and Means.
Jul 28, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Affordable Coverage for More Americans Act of 2017

This bill amends the Internal Revenue Code, with respect to the health care premium assistance refundable tax credit, to: (1) expand eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the year does not exceed 600% of the federal poverty line (currently 400%), (2) specify the applicable premium percentages for the credit for taxpayers with incomes that are from 400% to 600% of the federal poverty line, and (3) specify the dollar limitations for the recapture of excess advance payments of the credit from such taxpayers.

What's happening now July 28, 2017

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1