A bill to amend the Internal Revenue Code of 1986 to expand eligibility for the health care tax credit to workers in certain critical industries.

To amend the Internal Revenue Code of 1986 to expand eligibility for the health care tax credit to workers in certain critical industries. 1. Findings Congress finds the following: (1) In 2018, the United States aerospace and defense manufacturing industry contributed 2,550,000 jobs, accounted for $151,000,000,000 in exports, and supported 1,670,000 supply chain jobs. (2) In 2019, aerospace and defense parts manufacturing and distribution across the United States accounted for $25,400,000,000 in economic activity. (3) The United States aerospace and defense manufacturing industry is critical to the national economy and national defense. 2. Expansion of eligibility for health care tax credit (a) In general Paragraph (1) of section 35(c) and , and (D) an eligible national defense or infrastructure worker. . (b) Eligible national defense or infrastructure worker Subsection (c) of section 35 (5) Eligible national defense or infrastructure worker (A) In general The term eligible national defense or infrastructure worker (i) as of January 31, 2020, was employed in a critical industry, (ii) filed for unemployment compensation (as defined in section 85(b)) after January 31, 2020, and before the applicable date, and (iii) is covered under qualified health insurance described in subsection (e)(1)(A). (B) Critical industry For purposes of this paragraph, the term critical industry (i) an industry related to critical national infrastructure or national defense, or (ii) a critical industry which is severely distressed in connection with the coronavirus national emergency, as determined by the Secretary, including the airport, air carrier (as defined in section 40102 of title 49, United States Code), and aerospace industries. (C) Applicable date For purposes of this paragraph, the term applicable date (i) the date which is 6 months after the last day on which the coronavirus national emergency declaration is in effect, or (ii) January 1, 2023. (D) Coronavirus national emergency For purposes of this paragraph— (i) In general The coronavirus national emergency is the emergency with respect to which the President made the declarations described in clause (ii). (ii) Declarations The last day on which the coronavirus national emergency declaration is in effect is the later of— (I) the last day on which the declaration of the emergency involving Federal primary responsibility determined to exist by the President under section 501(b) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5191(b) (II) the last day on which the declaration of the national emergency declared by the President under the National Emergencies Act ( 50 U.S.C. 1601 . (c) Advance payment of credit Paragraph (1) of section 7527(d) or , or (C) in the case of an eligible national defense or infrastructure worker (as defined in section 35(c)(5)), is certified by the Secretary (or by any other person or entity designated by the Secretary) (in consultation with the Secretary of Transportation (or any other person or entity designated by such Secretary), in the case of a worker in aviation- or aerospace-related industries). . (d) Effective date The amendments made by this section shall apply to months beginning after January 31, 2020. 3. Extension of credit (a) In general Subparagraph (B) of section 35(b)(1) January 1, 2021 January 1, 2023 (b) Effective date The amendment made by this section shall apply to months beginning after December 31, 2020.

Summary: This bill extends the tax credit for health insurance costs to eligible national defense or infrastructure workers. An eligible national defense or infrastructure worker is an individual who was employed in a critical industry as of January 31, 2020, filed for unemployment compensation after such date, and is covered by health insurance. A critical industry is an industry related to critical national infrastructure or national defense and is severely distressed due to COVID-19 (i.e., the coronavirus disease 2019). The bill also extends the tax credit through 2022.