close
114th Congress: We're updating with new data as it becomes available.

H.R.4128 - Small Business Tax Credit Accessibility Act

To amend the Internal Revenue Code of 1986 to expand and modify the credit for employee health insurance expenses of small employers. view all titles (2)

All Bill Titles

  • Short: Small Business Tax Credit Accessibility Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to expand and modify the credit for employee health insurance expenses of small employers. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 2
  • Past Seven Days: 3
  • All-Time: 418
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/28/14
 
 
 
 
 
 
 

Official Summary

Small Business Tax Credit Accessibility Act - Expresses the sense of Congress that the Obama Administration should work to make the small employer health care insurance tax credit more accessible for small employers. Amends the Internal Revenue Code, with respect to the small employer heal

Official Summary

Small Business Tax Credit Accessibility Act - Expresses the sense of Congress that the Obama Administration should work to make the small employer health care insurance tax credit more accessible for small employers. Amends the Internal Revenue Code, with respect to the small employer health care insurance tax credit, to:
(1) revise the definition of \"eligible small employer\" to mean an employer with not more than 50 (currently, 25) full-time employees;
(2) modify the phaseout formula for such credit to base such phaseout on number of employees and average annual wages;
(3) allow a 35% credit in 2014 to small employers who purchase health care coverage outside of the Small Business Health Option Program (SHOP exchange);
(4) extend from two to three consecutive taxable years the period during which an employer may claim such credit;
(5) eliminate the requirement that employers contribute the same percentage of cost of each employee's health insurance and the cap limiting eligible employer contributions to average premiums paid to a state health insurance exchange; and
(6) make such credit available to dependents of a small employer.

...Read the Rest




Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC