Please upgrade your Flash Player Tagged in: Annuities, Armed forces, Defense policy, Federal employees, Finance, Flexible benefit plans, Government employees, Government employees' health insurance, Health policy, Income tax, Insurance premiums, Managed care, Medical care, Medical economics, Medicine, Military medicine, Military pensions, Pensions, Retired military personnel, Retiree health benefits, Tax deductions, Taxation, Veterans
Latest Update: Friday, July, 25th 2008
To amend the Internal Revenue Code of 1986 to allow Federal civilian and military retirees to pay health insurance premiums on a pretax basis and to allow a deduction for TRICARE supplemental premiums.
2/16/2007--Introduced. Amends the Internal Revenue Code to permit: (1) federal civilian and military retirees to pay Federal Employees Health Benefits Program (FEHBP) and TRICARE supplemental premiums on a pretax basis (i.e., exclude premiums from gross income); and (2) a tax deduction (available to itemizers and nonitemizers) for TRICARE supplemental premiums or enrollment fees. Directs the Director of the Office of Personnel Management (OPM) and the Secretary of Defense to ensure that the option of paying FEHBP and TRICARE supplemental premiums on a pretax basis is available to federal civilian and military retirees for the first open enrollment period beginning not less than 90 days after the enactment of this Act.
Latest Actions
- 09/20/2007 - Committee Consideration and Mark-up Session Held.
- 09/20/2007 - Ordered to be Reported by Unanimous Consent.
- 09/18/2007 - Subcommittee Consideration and Mark-up Session Held.
- 09/18/2007 - Forwarded by Subcommittee to Full Committee by Voice Vote .
- 03/20/2007 - Referred to the Subcommittee on Federal Workforce, Post Office, and the District of Columbia.
show all actions- 09/20/2007 - Committee Consideration and Mark-up Session Held.
- 09/20/2007 - Ordered to be Reported by Unanimous Consent.
- 09/18/2007 - Subcommittee Consideration and Mark-up Session Held.
- 09/18/2007 - Forwarded by Subcommittee to Full Committee by Voice Vote .
- 03/20/2007 - Referred to the Subcommittee on Federal Workforce, Post Office, and the District of Columbia.
- 03/14/2007 - Referred to the Subcommittee on Military Personnel.
- 02/16/2007 - Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 02/16/2007 - Referred to House Ways and Means
- 02/16/2007 - Referred to House Oversight and Government Reform
- 02/16/2007 - Referred to House Armed Services
show latest actions
|
Comment on Bill - Be the first to leave a comment!