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

Bill: 116-s-2414
Sponsor: full_name: Sen. Portman, Rob [R-OH]
Introduced: 2019-08-01
Policy area: Taxation
Subjects: Health care costs and insurance

Health care coverage and access

Income tax credits
Latest action: action_date: 2019-08-01
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2019-08-01
action_desc: Introduced in Senate
text: <p>This bill amends the Internal Revenue Code to extend for five years the tax credit for health insurance coverage.</p>

tv_txt: II 116th CONGRESS 1st Session S. 2414 IN THE SENATE OF THE UNITED STATES August 1, 2019 Mr. Portman (for himself, Mr. Brown , and Mr. Casey ) 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, 2020 and inserting January 1, 2025 . (b) Effective date The amendment made by this section shall apply to coverage months beginning after December 31, 2019.