Top Legislation - View All
Latest Action: 05/09/2007 - Referred to the Subcommittee on Workforce Protections. Bill TextTo provide for a credit for certain health care benefits in determining the minimum wage. 1/4/2007--Introduced. Health Care Incentive Act - Directs the Secretary of Labor to allow any employer in interstate commerce that is required by federal or state law to pay a minimum wage rate higher than the current federal rate under the Fair Labor Standards Act of 1938 to include the value of creditable health care benefits in determining the required wage.
Latest Action: 01/04/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to expand the permissible use of health savings accounts to include premiums for non-group high deductible health plan coverage. 1/4/2007--Introduced. Affordability in the Individual Market Act - Amends the Internal Revenue Code to allow the payment of insurance premiums for high deductible health plans from health savings accounts.
Also tagged in: Aliens, Appropriations, Budgets, Children, Economic policy, Employee health benefits, Federal aid to child health services, Finance, Government employees, Government information, Government paperwork, Health insurance, Health policy, Immigrant health, Immigration, Income, Income tax, Insurance premiums, Intergovernmental fiscal relations, Labor, Medicaid, Medical care, Medically uninsured, Poor children, State and local government, State employees, Tax credits, Tax deductions, Tax exemption, Tax rates, Tax refunds, Tax returns, Taxation, Welfare, Welfare eligibility
Latest Action: 06/27/2007 - Sponsor introductory remarks on measure. (CR S8616-8617) Bill TextA bill to amend titles XIX and XXI of the Social Security Act to ensure that every uninsured child in America has health insurance coverage, and for other purposes. 1/4/2007--Introduced. Kids Come First Act of 2007 - Amends title XIX of the Social Security Act (SSA) to give states the option to receive 100% Federal Medicaid Assistance Percentages (FMAPs) for medical assistance for children in poverty in exchange for expanded coverage of children in working poor families under Medicaid (SSA title XIX) or SCHIP (SSA title XXI (State Children's Health Insurance)). Eliminates the cap on SCHIP funding for states that expand eligibility for children. Gives states the option to: (1) provide wrap-around SCHIP coverage to children who have other health coverage; (2) enroll low-income children of state employees in SCHIP; (3) provide optional coverage of legal immigrant children under Medicaid and SCHIP; and (4) provide for passive renewal of eligibility for children [...] show full description
Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S166-167) Bill TextA bill to amend title XVIII of the Social Security Act to establish Medicare Health Savings Accounts. 1/4/2007--Introduced. Medicare Health Savings Accounts Act of 2007 - Amends title XVIII (Medicare) of the Social Security Act to establish a new part E (Medicare Health Savings Accounts) under which the Secretary of Health and Human Services shall establish procedures entitling each eligible beneficiary to elect to receive benefits under a Medicare Health Savings Account (HSA) instead of benefits under Medicare parts A (Hospital Insurance), B (Supplementary Medical Insurance), or D (Voluntary Prescription Drug Benefit Program). Amends the Internal Revenue Code to conform to this Act.
Also tagged in: Armed forces, Defense policy, Education, Education savings accounts, Families, Health policy, Higher education, Income tax, Individual retirement accounts, Medical care, Military dependents, Pensions, Survivors' benefits, Tax exclusion, Taxation, Veterans, Veterans' benefits
Latest Action: 01/11/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to permit military death gratuities to be contributed to certain tax-favored accounts. 1/11/2007--Introduced. Amends the Internal Revenue Code to allow tax free rollovers of military death gratuities to Roth individual retirement accounts, health savings and Archer medical savings accounts, and Coverdell education savings accounts.
Also tagged in: Armed forces, Armed forces reserves, Business, College costs, Defense policy, Earned income tax credit, Education, Education savings accounts, Health policy, Higher education, Income tax, Individual retirement accounts, Iraq compilation, Labor, Medical care, Military pay, Military personnel, Pensions, Replacement workers, Self-employed, Small business, Survivors' benefits, Tax credits, Tax deductions, Tax exclusion, Tax penalties, Taxation, Temporary employment, Wages, Welfare, Withholding tax
Latest Action: 01/31/2007 - Sponsor introductory remarks on measure. (CR S1431) Bill TextA bill to amend the internal Revenue Code of 1986 to provide tax relief to active duty military personnel and employers who assist them, and for other purposes. 1/31/2007--Introduced. Active Duty Military Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow certain small business owners (with 100 or fewer employees) and self-employed individuals a tax credit for wages paid to members of the Ready Reserve of the Armed Forces and to temporary replacement employees for such members while on active military duty; (2) treat differential wage payments made to members of the Ready Reserve as earned income for tax withholding and retirement plan purposes; (3) allow the rollover of military death gratuities to individual retirement accounts, health savings accounts, Archer medical savings accounts, and education savings accounts; (4) increase the standard tax deduction by $1,000 in 2007 and 2008 for members of the uniformed services on active duty for more than 30 [...] show full description
Also tagged in: Aged, Coinsurance, Drugs, Finance, Health insurance, Health maintenance organizations, Health policy, Income tax, Insurance premiums, Managed care, Medical care, Medical economics, Medicare, Medicine, Prescription pricing, Tax deductions, Taxation
Latest Action: 02/07/2007 - Referred to the Subcommittee on Health. Bill TextTo amend the Social Security Act to improve choices available to Medicare eligible seniors by permitting them to elect (instead of regular Medicare benefits) to receive a voucher for a health savings account, for premiums for a high deductible health insurance plan, or both and by suspending Medicare late enrollment penalties between ages 65 and 70. 1/31/2007--Introduced. Health Care Choices for Seniors Act - Amends title II (Old Age, Survivor's and Disability Insurance) (OASDI) of the Social Security Act (SSA) to require the Secretary of Health and Human Services to establish a procedure under which an individual otherwise entitled to benefits under part A (Hospital Insurance) of SSA title XVIII (Medicare) may waive such entitlement and be automatically enrolled in the Medicare Alternative Voucher Program (MAV Program).Directs the Secretary to establish the MAV Program, under which a voucher may be used as a contribution into a health savings account and for the payment [...] show full description
Latest Action: 02/12/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to allow individuals eligible for veterans health benefits to contribute to health savings accounts. 2/12/2007--Introduced. Amends the Internal Revenue Code to provide that individual taxpayers who receive Department of Veterans Affairs (VA) periodic health care or medical services shall not be disqualified from making tax deductible contributions to health savings accounts.
Also tagged in: Administrative procedure, Aged, Ambulatory care, Budgets, Business, Capital, Civil liberties, Conflict of interests, Congress, Congressional reporting requirements, Consumer education, Consumers, Continuum of care, Corporate finance, Criminal justice, Data banks, Department of Health and Human Services, Disabled, Education, Employee health benefits, Executive departments, Executive reorganization, Families, Federal aid to health facilities, Federal preemption, Finance, Fines (Penalties), Food, Food stamps, Government information, Government paperwork, Government publicity, Government trust funds, Governmental investigations, Health education, Health facilities, Health information systems, Health insurance, Health planning, Health policy, Higher education, Income tax, Indian medical care, Individual retirement accounts, Insurance agents, Insurance companies, Insurance premiums, Intergovernmental fiscal relations, Interstate relations, Kidney diseases, Labor, Law, Licenses, Managed care, Medicaid, Medical care, Medical economics, Medical education, Medical fees, Medical malpractice, Medical records, Medicare, Medicine, Military dependents, Minorities, Nutrition, Pensions, Physicians, Preventive medicine, Public service advertising, Rehabilitation of the disabled, Right of privacy, Self-employed, Social Security Administration, State and local government, State laws, Tax credits, Tax deductions, Tax exclusion, Taxation, Technology, Terminal care, Trade regulation, Vaccines, Veterans, Veterans' medical care, Welfare
Latest Action: 03/28/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to provide comprehensive reform of the health care system of the United States, and for other purposes. 3/28/2007--Introduced. Universal Health Care Choice and Access Act - Provides for health promotion and disease prevention activities, including requiring the Secretary of Health and Human Services to convene an interagency coordinating committee to develop a national strategic plan for prevention.Amends the Internal Revenue Code to: (1) allow participants in high deductible health care insurance plans an increased tax deduction for contributions to a health savings account; and (2) allow individual taxpayers a refundable tax credit for health insurance costs paid.Requires states to establish and operate a qualified high risk pool or a state-designated alternative that ensures access to private health insurance for medically uninsurable individuals.Health Care Choice Act of 2007 - Amends the Public Health Service Act to apply the laws of the primary [...] show full description
Also tagged in: Aliens, Appropriations, Budgets, Children, Economic policy, Employee health benefits, Federal aid to child health services, Finance, Government employees, Government information, Government paperwork, Health insurance, Health policy, Immigrant health, Immigration, Income, Income tax, Insurance premiums, Intergovernmental fiscal relations, Labor, Medicaid, Medical care, Medically uninsured, Poor children, State and local government, State employees, Tax credits, Tax deductions, Tax exemption, Tax refunds, Tax returns, Taxation, Welfare, Welfare eligibility
Latest Action: 06/05/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Bill TextTo amend titles XIX and XXI of the Social Security Act to ensure that every uninsured child in America has health insurance coverage, and for other purposes. 2/16/2007--Introduced. Kids Come First Act of 2007 - Amends title XIX of the Social Security Act (SSA) to give states the option to receive 100% Federal Medicaid Assistance Percentages (FMAPs) for medical assistance for children in poverty in exchange for expanded coverage of children in working poor families under Medicaid (SSA title XIX) or SCHIP (SSA title XXI (State Children's Health Insurance)). Eliminates the cap on SCHIP funding for states that expand eligibility for children.Gives states the option to: (1) provide wrap-around SCHIP coverage to children who have other health coverage; (2) enroll low-income children of state employees in SCHIP; (3) provide optional coverage of legal immigrant children under Medicaid and SCHIP; and (4) provide for passive renewal of eligibility for children under Medicaid [...] show full description
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Latest Legislation - View All
Also tagged in: Access to health care, Accreditation (Medical care), Administrative remedies, Adoption, Afghanistan, Aged, Aid to dependent children, Ambulances, Ambulatory care, Anesthetics, Annuities, Appropriations, Armed forces, Armed forces reserves, Barbiturates, Brain, Budgets, Business, California, Capitation (Medical care), Cardiovascular diseases, Case management, Case mix (Medical care), Cash welfare block grants, Children, Chronically ill, Civil rights, Clinical trials, Clinics, Coinsurance, Collection of accounts, Communication in medicine, Communications, Community health services, Competitive bidding, Conflict of interests, Congregate housing, Congress, Congressional investigations, Congressional reporting requirements, Criminal justice, Defense policy, Department of Health and Human Services, Diabetes, Discrimination in medical care, District of Columbia, Drugs, Education, Electronic data interchange, Electronic government information, Estates (Law), Executive departments, Families, Federal aid to health facilities, Federal-state relations, Finance, Foster home care, Genetics, Gifts, Government information, Government procurement, Government trust funds, Governmental investigations, Group medical practice, Head injuries, Health education, Health information systems, Health insurance, Health maintenance organizations, Health policy, Hearing, Higher education, Hospital rates, Hospitals, Housing, Imaging systems in medicine, Indian medical care, Inspectors general, Insurance premiums, Iraq, Iraq compilation, Judicial review, Kidney diseases, Language and languages, Law, Life insurance, Living wills, Long-term care, Lung diseases, Managed care, Marketing, Medicaid, Medical care, Medical economics, Medical education, Medical ethics, Medical fees, Medical laboratories, Medical personnel, Medical records, Medical statistics, Medical supplies, Medical tests, Medically uninsured, Medicare, Medicine, Medigap, Mental depression, Mental health services, Middle East and North Africa, Military occupation, Military operations, Minorities, Minority health, Nuclear medicine, Nursing homes, Obesity, Oxygen, Pensions, Performance measurement, Pharmacies, Physical examinations, Physicians, Politics and government, Post-traumatic stress disorder, Prescription pricing, Preventive medicine, Psychiatry, Psychotherapy, Psychotropic drugs, Public contracts, Quality of care, Rural affairs, Rural health, Sexual abstinence, South Asia, Speech disorders, Standards, State and local government, Subsidies, Technology, Telecommunication, Telemedicine, Terminal care, Terrorism, Translating and interpreting, Transportation, Veterans, Veterans' medical care, Welfare, Welfare eligibility, Women, Women's health
Latest Action: 07/15/2008 - Vetoed by President. Bill TextTo amend titles XVIII and XIX of the Social Security Act to extend expiring provisions under the Medicare Program, to improve beneficiary access to preventive and mental health services, to enhance low-income benefit programs, and to maintain access to care in rural areas, including pharmacy access, and for other purposes. 7/15/2008--Public Law. (There are 3 other summaries) (This measure has not been amended since it was passed by the House on June 24, 2008. The summary of that version is repeated here.) Medicare Improvements for Patients and Providers Act of 2008 - Title I: Medicare - Subtitle A: Beneficiary Improvements - Part 1: Prevention, Mental Health, and Marketing - (Sec. 101) Amends title XVIII (Medicare) of the Social Security Act (SSA), as amended by the Medicare, Medicaid, and SCHIP Extension Act of 2007, to cover additional preventive services. Includes body mass index and end-of-life planning among initial [...] show full description
Also tagged in: Aged, Consumers, Criminal justice, Damages, Data banks, Employee health benefits, Employee training, Finance, Health care fraud, Health information systems, Health insurance, Health policy, Income tax, Insurance premiums, Job training, Labor, Law, Limitation of actions, Medical care, Medical malpractice, Medical records, Medical supplies, Medical technology, Medicare, Medicine, Products liability, Punitive damages, Standards, Tax credits, Tax deductions, Tax refunds, Taxation, Technology
Latest Action: 05/22/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to provide for comprehensive health reform. 5/22/2008--Introduced. Making Health Care More Affordable Act of 2008 - Amends the Internal Revenue Code (IRC) to allow individual taxpayers a refundable tax credit for health insurance costs paid.Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide for establishment and governance of association health plans (AHPs), which are group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations and which meet certain ERISA certification requirements. Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with certain requirements.Promoting Health for Future Generations Act [...] show full description
Also tagged in: Access to health care, Aged, Business, Congress, Education, Emergency management, Emergency medicine, Employee benefit plans, Finance, Health information systems, Health insurance, Health insurance portability, Health policy, Higher education, Income tax, Law, Legislation, Medical care, Medical economics, Medical education, Medical fees, Medical malpractice, Medical personnel, Medical records, Medicare, Medicine, Physicians, Preventive medicine, Punitive damages, Quality of care, Small business, Tax credits, Tax refunds, Taxation, Technology
Latest Action: 05/22/2008 - Referred to the Subcommittee on Health. Bill TextEnsuring access to affordable and quality health care without exacerbating the Federal budget or contributing to market inflation while providing greater choices for consumers. 5/22/2008--Introduced. Calls for the following principles for a market-based approach to be included in any health care bill considered by the 110th Congress: (1) the ability to receive point-of-service health care in preventative, emergency, and rehabilitative settings in rural and urban areas; (2) refundable tax credits for the purchase of health insurance by low-income recipients, combined with laws that permit association and small business health plans; (3) medical liability reform; (4) safe and effective health service with measurable results through health information technology; (5) building new incentives into health plans to encourage wellness and prevention and to provide incentives for people to make smart choices involving their health, health care, and health insurance coverage; and (6) [...] show full description
Also tagged in: Aged, Consumers, Criminal justice, Damages, Data banks, Employee health benefits, Employee training, Finance, Health care fraud, Health information systems, Health insurance, Health policy, Income tax, Insurance premiums, Job training, Labor, Law, Limitation of actions, Medical care, Medical malpractice, Medical records, Medical supplies, Medical technology, Medicare, Medicine, Products liability, Punitive damages, Standards, Tax credits, Tax deductions, Tax refunds, Taxation, Technology
Latest Action: 05/19/2008 - Referred to the Subcommittee on Health. Bill TextTo provide for comprehensive health reform. 5/1/2008--Introduced. Making Health Care More Affordable Act of 2008 - Amends the Internal Revenue Code (IRC) to allow individual taxpayers a refundable tax credit for health insurance costs paid.Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide for establishment and governance of association health plans (AHPs), which are group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations and which meet certain ERISA certification requirements. Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with certain requirements.Promoting Health for Future Generations Act of 2008 [...] show full description
Latest Action: 04/09/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to allow the purchase of health insurance with pre-tax dollars, and for other purposes. 4/9/2008--Introduced. Amends the Internal Revenue Code to allow: (1) taxpayers who do not itemize their deductions to deduct from gross income the costs of health insurance and long-term care insurance; and (2) payments from health savings accounts for non-group high deductible health plan premiums.
Also tagged in: Blind, Cemeteries and funerals, Clothing, Disabled, Education, Education savings accounts, Elementary and secondary education, Employment of the disabled, Finance, Food, Government information, Government publicity, Health policy, Higher education, Income tax, Job training, Labor, Medicaid, Medical care, Medicine, Nutrition, Preschool education, Respite care, Saving and investment, Self-help devices for the disabled, Tax credits, Tax exclusion, Tax exemption, Taxation, Transportation, Transportation and the disabled, Welfare, Welfare eligibility
Latest Action: 03/11/2008 - Sponsor introductory remarks on measure. (CR S1878-1879) Bill TextA bill to amend the Internal Revenue Code of 1986 to provide for disability savings accounts, and for other purposes. 3/11/2008--Introduced. Disability Savings Act of 2008 - Amends the Internal Revenue Code to allow a tax exemption for disability savings accounts that have a value of $250,000 or less and are established for beneficiaries under the age of 65 who are blind or disabled.Allows tax-free distributions from such accounts for certain services provided to account beneficiaries, including education services, respite care, clothing, therapy, nutritional management, and funeral and burial expenses.Allows tax credits for contributions of up to $2,000 made to a disability savings account and for certain entities that maintain disability savings accounts.Permits disability savings accounts to be disregarded in determining eligibility for Medicaid benefits and certain other means-tested federal programs.Requires the Secretary of Health and Human [...] show full description
Also tagged in: Cemeteries and funerals, Disabled, Education, Education savings accounts, Employment of the disabled, Finance, Health policy, Higher education, Household moving, Income tax, Job training, Labor, Medicaid, Medical care, Saving and investment, Self-help devices for the disabled, Tax exclusion, Tax exemption, Taxation, Transportation, Transportation and the disabled, Welfare, Welfare eligibility
Latest Action: 03/11/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities, and for other purposes. 3/11/2008--Introduced. Financial Security Accounts for Individuals with Disabilities Act of 2008- Amends the Internal Revenue Code to establish tax-exempt financial security accounts for individuals with disabilities to pay certain expenses of such individuals, including expenses for education, medical care, and employment training. Allows individual taxpayers a tax deduction, up to $2,000 per year, for cash contributions to such an account. Amends title XIX (Medicaid) of the Social Security Act to permit the disregard of financial security accounts for disabled individuals in determining eligibility for Medicaid benefits. Permits the disregard of amounts in such accounts for purposes of determining eligibility for certain means-tested federal programs.
Also tagged in: Accounting, Administrative procedure, Aged, Aliens, Alimony, Americans in foreign countries, Annuities, Armed forces, Athletics, Bank accounts, Banks and banking, Bonds, Business, Business travel, Capital gains tax, Cemeteries and funerals, Charitable contributions, Child support, Children, College costs, College sports, Colleges, Commemorations, Communications, Conservation of natural resources, Contracts, Cooperative societies, Corporate governance, Corporate mergers, Corporation taxes, Cost of living adjustments, Criminal justice, Damages, Debt, Defense policy, Department of the Treasury, Depreciation and amortization, Disability insurance, Disabled, Dividends, Divorce, Economic policy, Education, Education savings accounts, Employee ownership, Employee training, Environmental protection, Estate tax, Executive departments, Expatriation, Families, Finance, Financial services, Food, Foreign corporations, Foreign policy, Foster home care, Foundations, Fringe benefits, Gift tax, Gifts, Government corporations, Habitat conservation, Health insurance, Health policy, Higher education, Historic sites, History, Home ownership, Housing, Housing finance, Immigration, Imports, Income tax, Indexing (Economic policy), Individual retirement accounts, Insurance companies, Insurance premiums, Interest, Intergovernmental tax relations, International affairs, Job training, Labor, Land use, Law, Leases, Life insurance, Loan defaults, Lobbying, Local government, Losses, Marketing, Married people, Medical care, Medical economics, Medical research, Medicare, Military pay, Military pensions, Mortgages, Natural resources, Officer personnel, Old age, survivors and disability insurance, Open space lands, Outdoor recreation, Partnerships, Pensions, Politics and government, Profit, Railroad retirement plans, Real estate business, Real estate development, Recreation areas, Rent, Salaries, School personnel, Science policy, Single people, Social security, Social security taxes, Social services, Sports, Sports facilities, State and local government, State politics and government, Stocks, Tax administration, Tax credits, Tax deductions, Tax deferral, Tax evasion, Tax exclusion, Tax exemption, Tax penalties, Tax rates, Tax refunds, Tax returns, Tax simplification, Tax treaties, Tax-deferred compensation plans, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Telecommunication, Telecommunication industry, Telephone, Territories (U.S.), Terrorism, Torts, Trade, Transportation, Travel costs, Trusts and trustees, Unemployment, Unrelated business income tax, Vocational education, Wages, Withholding tax, Workers' compensation
Latest Action: 11/13/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes. 11/13/2007--Introduced. Simplified USA Tax Act of 2007 - Repeals, after 2006, income tax and estate and gift tax provisions of the Internal Revenue Code of 1986. Replaces such Code with a new tax system, to be known as the Simplified USA Tax. Establishes three income tax brackets at 15, 25, and 30% for individual taxpayers. Redefines "gross income" and allows certain exclusions from gross income, including previously-taxed benefits, tax-exempt bond interest, compensation for injuries and sickness, and gain from the sale of a principal residence. Allows tax deductions for alimony and child support, home mortgage interest, certain higher education expenses, and charitable contributions. Allows a tax credit for employee social security payroll taxes.Revises rules for Roth individual retirement [...] show full description
Also tagged in: Armed forces, Armed forces reserves, Business, College costs, Defense policy, Earned income tax credit, Education, Education savings accounts, Health policy, Higher education, Income tax, Individual retirement accounts, Iraq compilation, Labor, Medical care, Military pay, Military personnel, Pensions, Replacement workers, Self-employed, Small business, Survivors' benefits, Tax credits, Tax deductions, Tax exclusion, Tax penalties, Taxation, Temporary employment, Wages, Welfare, Withholding tax
Latest Action: 10/15/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide tax relief to active duty military personnel and employers who assist them, and for other purposes. 10/15/2007--Introduced. Active Duty Military Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow certain small business owners (businesses having 100 or fewer employees) and self-employed individuals a tax credit for wages paid to members of the Ready Reserve of the Armed Forces and to temporary replacement employees for such members while on active military duty; (2) treat differential wage payments made to members of the Ready Reserve as earned income for tax withholding and retirement plan purposes; (3) allow the rollover of military death gratuities to individual retirement accounts, health savings accounts, Archer medical savings accounts, and education savings accounts; (4) increase the standard tax deduction by $1,000 in 2007 and 2008 for members of the uniformed services on active duty for more [...] show full description
Also tagged in: Cost of living adjustments, Economic policy, Employee health benefits, Finance, Government information, Government paperwork, Health insurance, Health policy, Income tax, Indexing (Economic policy), Insurance premiums, Labor, Medical economics, Tax administration, Tax credits, Tax refunds, Tax returns, Taxation
Latest Action: 09/10/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for the purchase of private health insurance. 9/10/2007--Introduced. Health Insurance Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow individual taxpayers a refundable tax credit for health insurance costs paid for the benefit of the taxpayer, the taxpayer's spouse, and dependents; (2) require business taxpayers who receive payments for certain employee health insurance coverage to file informational returns; and (3) direct the Secretary of the Treasury to make advance payments of health insurance tax credit amounts to health insurance providers.
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