Title: Health Care Affordability Act of 2019
Policy area: Taxation

Summary:
Health Care Affordability Act of 2019
This bill revises the tax credit for health care premium assistance to expand the eligibility of low-income taxpayers for such credit and  reduce the cost of health care premiums.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1868 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1868

To amend the Internal Revenue Code of 1986 to improve affordability and 
        reduce premium costs of health insurance for consumers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 26, 2019

 Ms. Underwood (for herself, Mr. Gomez, and Mr. O'Halleran) introduced 
  the following bill; which was referred to the Committee on Ways and 
                                 Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to improve affordability and 
        reduce premium costs of health insurance for consumers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Health Care Affordability Act of 
2019''.

SEC. 2. IMPROVE AFFORDABILITY AND REDUCE PREMIUM COSTS OF HEALTH 
              INSURANCE FOR CONSUMERS.

    (a) In General.--Section 36B(b)(3)(A) of the Internal Revenue Code 
of 1986 is amended to read as follows:
                    ``(A) Applicable percentage.--The applicable 
                percentage for any taxable year shall be the percentage 
                such that the applicable percentage for any taxpayer 
                whose household income is within an income tier 
                specified in the following table shall increase, on a 
                sliding scale in a linear manner, from the initial 
                premium percentage to the final premium percentage 
                specified in such table for such income tier:


------------------------------------------------------------------------
  ``In the case of household  income
 (expressed as  a percent of poverty     The initial        The final
  line)  within the following income       premium           premium
                tier:                  percentage is--   percentage is--
------------------------------------------------------------------------
Over 100.0 percent up to 133.0                     0.0              1.0
 percent.............................
133.0 percent up to 150.0 percent....              1.0              2.0
150.0 percent up to 200.0 percent....              2.0              4.0
200.0 percent up to 250.0 percent....              4.0              6.0
250.0 percent up to 300.0 percent....              6.0              7.0
300.0 percent up to 400.0 percent....              7.0              8.5
400.0 percent and higher.............              8.5           8.5''.
------------------------------------------------------------------------

    (b) Conforming Amendment.--Section 36B(c)(1)(A) of the Internal 
Revenue Code of 1986 is amended by striking ``but does not exceed 400 
percent''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2020.
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