S.1739: A bill to amend section 35 of the Internal Revenue Code of 1986 to improve the health coverage tax credit, and for other purposes.

A bill to amend section 35 of the Internal Revenue Code of 1986 to improve the health coverage tax credit, and for other purposes. 6/28/2007--Introduced. TAA Health Coverage Improvement Act of 2007 - Amends the Internal Revenue Code to revise the tax credit for the health insurance costs of trade adjustment assistance (TAA) workers to, among other things: (1) increase the rate of such credit from 65 to 95% of health insurance costs ; (2) allow for the full amount of such credit and for full payment of TAA worker health insurance premiums for months prior to the issuance of a qualified health insurance costs credit eligibility certificate; and (3) set forth new tax credit eligibility rules for TAA workers and their family members. Requires the Director of the Office of Personnel Management to establish a program to offer TAA workers enrollment in the Federal Employees Health Benefit Program (FEHBP).Amends the Employee Retirement Income Security Act of 1974 (ERISA) [...]

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