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S 2529 115th Congress Senate Taxation Health care costs and insurance Health care coverage and access Income tax credits Tax administration and collection, taxpayers

Advancing Youth Enrollment Act

Introduced: March 8, 2018 Introduced by: Baldwin, Tammy Democratic · Wisconsin 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 8, 2018
Read twice and referred to the Committee on Finance.
Mar 8, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Advancing Youth Enrollment Act

This bill amends the Internal Revenue Code to increase the premium assistance tax credits that are available to taxpayers with household members who are 18-34 years old. (The credit is available 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 allows increased tax credits for the taxpayers by reducing the maximum percentage of income that the taxpayers are required to pay for health insurance premiums. This percentage is used to calculate the amount of the credit.

What's happening now March 8, 2018

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1