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S 3326 115th Congress Senate Taxation

Tax Fairness for Disabled Workers Act

Introduced: August 1, 2018 Introduced by: King, Angus S., Jr. Independent · Maine See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2018
Read twice and referred to the Committee on Finance.
Aug 1, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Tax Fairness for Disabled Workers Act

This bill amends the Internal Revenue Code to prohibit certain lump-sum payments of Social Security Disability Insurance (SSDI) benefits from being included as income to determine if a taxpayer meets the income requirements for the premium assistance tax credit. The bill applies to lump-sum SSDI payments that are: (1) received during the taxable year, and (2) attributable to prior taxable years.

(The premium assistance tax credit 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.)

What's happening now August 1, 2018

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1