A bill to amend the Internal Revenue Code of 1986 to extend the Health Coverage Tax Credit.

Bill: 114-s-505
Sponsor: full_name: Sen. Portman, Rob [R-OH]
Introduced: 2015-02-12
Policy area: Taxation
Subjects: Health care costs and insurance

Income tax credits
Latest action: action_date: 2015-02-12
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2015-02-12
action_desc: Introduced in Senate
text: <p>This bill amends the Internal Revenue Code to extend the tax credit for health insurance coverage costs by extending the eligible coverage month in which a taxpayer and the taxpayer's family members are covered by qualified health insurance to any month beginning before January 1, 2020. </p>

tv_txt: II 114th CONGRESS 1st Session S. 505 IN THE SENATE OF THE UNITED STATES February 12, 2015 Mr. Portman (for himself and Mr. Brown ) 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 extend the Health Coverage Tax Credit.

1. Extension of Health Coverage Tax Credit (a) In general Subparagraph (B) of section 35(b)(1) of the Internal Revenue Code of 1986 is amended by striking January 1, 2014 and inserting January 1, 2020 . (b) Effective date The amendment made by this section shall apply to coverage months beginning after December 31, 2013.