H.R. 3912 · 118th Congress
Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
KildeeSponsor7 cosponsors · 7 D
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act
What it does: CRS summary · Introduced in House · Jun 7, 2023
Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act
This bill permanently reauthorizes and expands the Health Coverage Tax Credit.
As previously enacted, the Health Coverage Tax Credit covered 72.5% of health insurance costs for certain Trade Adjustment Assistance (TAA) recipients, alternative TAA recipients, and Pension Benefit Guaranty Corporation pension recipients. The credit expired in December 2021.
The bill permanently reauthorizes the credit and expands the credit to cover 80% of health insurance costs.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act
Latest action (Jun 7, 2023): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jun 7, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.