S 4267
117th Congress
Senate
Taxation
Public Safety Officer Health Improvement Act of 2022
Introduced: May 19, 2022
Introduced by:
Bennet, Michael F.
Democratic
· Colorado
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 2022
Read twice and referred to the Committee on Finance.
May 19, 2022
Introduced in Senate
Plain-English summary
Public Safety Officer Health Improvement Act of 2022
This bill allows eligible retired public safety officers who have not attained age 65 a tax credit for up to $4,800 of their costs for qualified health insurance premiums (i.e., premiums for coverage for eligible retired public safety officers, their spouses, and dependents by an accident or health plan or qualified long-term care insurance contract). It also provides for an inflation adjustment to the $3,000 exclusion amount for distributions from employer retirement plans to pay for the health and long-term insurance premiums of such public safety officers.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1