Helping Entrepreneurs Lower Prices Act of 2014

Bill: 113-hr-4132
Sponsor: full_name: Rep. Murphy, Patrick [D-FL-18]
Introduced: 2014-02-28
Policy area: Taxation
Subjects: Employee benefits and pensions

Health care costs and insurance

Income tax credits

Small business
Latest action: action_date: 2014-02-28
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2014-02-28
action_desc: Introduced in House
text: <p>Helping Entrepreneurs Lower Prices Act of 2014 - Amends the Internal Revenue Code to revise the definition of "eligible small employer," for purposes of the small employer health insurance tax credit, to mean an employer who has not more than 50 (currently, 25) full-time employees for a taxable year. </p>

tv_txt: I 113th CONGRESS 2d Session H. R. 4132 IN THE HOUSE OF REPRESENTATIVES February 28, 2014 Mr. Murphy of Florida (for himself, Mr. Peters of California , Mr. Garcia , Mr. Delaney , and Ms. Sinema ) 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 expand the size of employers eligible for the credit for employee health insurance expenses of small employers.

1. Short title This Act may be cited as the Helping Entrepreneurs Lower Prices Act of 2014 . 2. Expansion of employers eligible for tax credit for employee health insurance expenses of small employers (a) In general Section 45R(d)(1)(A) of the Internal Revenue Code of 1986 is amended by striking 25 and inserting 50 . (b) Effective date The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2014.