To amend the Internal Revenue Code of 1986 with respect to the treatment of Blue Cross and Blue Shield organizations.

Summary

Amends the Internal Revenue Code to grant tax-exempt status to health insurance organizations that meet specified criteria, including that the organization provide continuous open enrollment for individuals and small groups. Declares that an existing organization meets the requirement that ten-percent of its coverage is provided to individuals and small groups if: (1) 50 percent of its health insurance is provided to Federal, State, and local government employees; and (2) the organization publicizes and promotes by widely accessible means the availability of health insurance to individuals and small groups. Modifies treatment of Blue Cross and Blue Shield organizations with respect to reorganizations and premium stabilization reserves. Repeals the current income tax deduction available to such organizations.

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Timeline

1. 4 June 1991

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 June 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 June 1991

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 June 1991

  Open at official source

Sponsors

• Rep. Rangel, Charles B. [D-NY-19] · D · Sponsor
• Rep. McGrath, Raymond J. [R-NY-5] · R · Cosponsor
• Rep. Vander Jagt, Guy [R-MI-9] · R · Cosponsor
• · hswm00 · Standing

Related records

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