S 2735
116th 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: October 30, 2019
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
Oct 30, 2019
Read twice and referred to the Committee on Finance.
Oct 30, 2019
Introduced in Senate
Plain-English summary
Advancing Youth Enrollment Act
This bill amends the Internal Revenue Code to increase the premium assistance tax credit for taxpayers with household members between the ages of 18-34. (The credit is available to eligible individuals and families to subsidize the purchase of health insurance on an exchange established under the Patient Protection and Affordable Care Act.)
The bill allows an increased tax credit for the purchase of health insurance by reducing the maximum percentage of income that taxpayers under age 31 must pay for coverage by 2.5%, with reductions of .5% for each year for ages 31-34.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1