S 1307 115th Congress Senate Taxation Health care costs and insurance Income tax credits

Affordable Health Insurance for the Middle Class Act

Introduced: June 7, 2017 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 7, 2017

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3330-3331)

Jun 7, 2017

Introduced in Senate

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 June 7, 2017

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3330-3331)

Committees of jurisdiction 1