Clarity for Military Retiree Health Care Act

Bill: 113-s-1918
Sponsor: full_name: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2014-01-14
Policy area: Taxation
Subjects: Employee benefits and pensions

Health care costs and insurance

Health care coverage and access

Military medicine
Latest action: action_date: 2014-01-14
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2014-01-14
action_desc: Introduced in Senate
text: <p>Clarity for Military Retiree Health Care Act - Amends the Internal Revenue Code, with respect to the tax exclusion of benefits under cafeteria employee benefit plans, to allow a participant in a cafeteria plan which permits a revocation of an election during a period of coverage and&nbsp;a new election based upon a change in status event, to treat an event that causes an employee to become eligible&nbsp;for coverage under the TRICARE health care program for military personnel&nbsp;as a change in status event. </p>

tv_txt: II 113th CONGRESS 2d Session S. 1918 IN THE SENATE OF THE UNITED STATES January 14, 2014 Mrs. Shaheen introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to provide a special change in status rule for employees who become eligible for TRICARE.

1. Short title This Act may be cited as the Clarity for Military Retiree Health Care Act . 2. Special change in status rule for employees who become eligible for TRICARE (a) In general Subsection (g) of section 125 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (5) Change in status relating to TRICARE eligibility For purposes of this section, if a cafeteria plan permits an employee to revoke an election during a period of coverage and to make a new election based on a change in status event, an event that causes the employee to become eligible for coverage under the TRICARE program shall be treated as a change in status event. . (b) Effective date The amendment made by this section shall apply to events occurring after the date of the enactment of this Act.