S 1529
115th Congress
Senate
Taxation
Health care costs and insurance
Income tax credits
Addressing Affordability for More Americans Act of 2017
Introduced: July 11, 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
Jul 11, 2017
Read twice and referred to the Committee on Finance.
Jul 11, 2017
Introduced in Senate
Plain-English summary
Addressing Affordability 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 800% 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 800% 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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1