S.1446 - Health Care Coverage for Displaced Workers Act

A bill to amend the Internal Revenue Code of 1986 to improve the affordability of the health care tax credit, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to improve the affordability of the health care tax credit, and for other purposes. as introduced.
  • Short: Health Care Coverage for Displaced Workers Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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08/01/13
 
 
 
 
 
 
 

Official Summary

Health Care Coverage for Displaced Workers Act - Amends the Internal Revenue Code, with respect to the tax credit for the health insurance coverage costs of certain taxpayers (i.e., Pension Benefit Guaranty Corporation [PBGC] pension and trade adjustment assistance [TAA] recipients) and the

Official Summary

Health Care Coverage for Displaced Workers Act - Amends the Internal Revenue Code, with respect to the tax credit for the health insurance coverage costs of certain taxpayers (i.e., Pension Benefit Guaranty Corporation [PBGC] pension and trade adjustment assistance [TAA] recipients) and their dependents, to:
(1) increase the rate of such credit from 72.5% to 80%, and
(2) make such credit permanent.

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