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HR 5258 115th Congress House Taxation Health care costs and insurance Income tax credits

Affordable Health Insurance for the Middle Class Act

Introduced: March 13, 2018 Introduced by: DeSaulnier, Mark 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
Mar 13, 2018
Referred to the House Committee on Ways and Means.
Mar 13, 2018
Introduced in House
 Plain-English summary Congressional Research Service

Affordable Health Insurance for the Middle Class Act

This bill amends the Internal Revenue Code to modify the eligibility requirements for the premium assistance tax credit, which is provided to eligible individuals and families to subsidize the purchase of health insurance plans on an exchange established under the Patient Protection and Affordable Care Act.

The bill expands eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the taxable year equals or exceeds 100% of the federal poverty line. (Under current law, household income must equal or exceed 100%, but may not exceed 400% of the poverty line.)

What's happening now March 13, 2018

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1