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A bill to amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults.

USA115th CongressS-2529| Senate 
| Updated: 3/8/2018
Tammy Baldwin

Tammy Baldwin

Democratic Senator

Wisconsin

Cosponsors (4)
Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Angus S. King (Independent)Bernard Sanders (Independent)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advancing Youth Enrollment Act This bill amends the Internal Revenue Code to increase the premium assistance tax credits that are available to taxpayers with household members who are 18-34 years old. (The credit is available to eligible individuals and families to subsidize the purchase of health insurance plans on an exchange established under the Patient Protection and Affordable Care Act.) The bill allows increased tax credits for the taxpayers by reducing the maximum percentage of income that the taxpayers are required to pay for health insurance premiums. This percentage is used to calculate the amount of the credit.
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Timeline
Mar 8, 2018
Introduced in Senate
Mar 8, 2018
Read twice and referred to the Committee on Finance.
Jul 18, 2018

Latest Companion Bill Action

HR 115-6432
Introduced in House
  • March 8, 2018
    Introduced in Senate


  • March 8, 2018
    Read twice and referred to the Committee on Finance.


  • July 18, 2018

    Latest Companion Bill Action

    HR 115-6432
    Introduced in House

Taxation

Related Bills

  • HR 115-6432: To amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults.
Health care costs and insuranceHealth care coverage and accessIncome tax creditsTax administration and collection, taxpayers

A bill to amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults.

USA115th CongressS-2529| Senate 
| Updated: 3/8/2018
Advancing Youth Enrollment Act This bill amends the Internal Revenue Code to increase the premium assistance tax credits that are available to taxpayers with household members who are 18-34 years old. (The credit is available to eligible individuals and families to subsidize the purchase of health insurance plans on an exchange established under the Patient Protection and Affordable Care Act.) The bill allows increased tax credits for the taxpayers by reducing the maximum percentage of income that the taxpayers are required to pay for health insurance premiums. This percentage is used to calculate the amount of the credit.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 8, 2018
Introduced in Senate
Mar 8, 2018
Read twice and referred to the Committee on Finance.
Jul 18, 2018

Latest Companion Bill Action

HR 115-6432
Introduced in House
  • March 8, 2018
    Introduced in Senate


  • March 8, 2018
    Read twice and referred to the Committee on Finance.


  • July 18, 2018

    Latest Companion Bill Action

    HR 115-6432
    Introduced in House
Tammy Baldwin

Tammy Baldwin

Democratic Senator

Wisconsin

Cosponsors (4)
Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Angus S. King (Independent)Bernard Sanders (Independent)

Finance Committee

Taxation

Related Bills

  • HR 115-6432: To amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Health care costs and insuranceHealth care coverage and accessIncome tax creditsTax administration and collection, taxpayers