Small Business Flexibility Act

Summary

Small Business Flexibility Act  This bill requires the Internal Revenue Service to notify employers, particularly small businesses, about the availability of individual coverage health reimbursement arrangements (ICHRAs), qualified small employer health reimbursement arrangements (QSEHRAs), and the small business health care tax credit. Under ICHRAs, employers agree to reimburse employees for incurred medical expenses up to a limit for a specified period (e.g., a calendar year), and employees obtain their own individual coverage that meets certain requirements of the Patient Protection and Affordable Care Act (coverage of preventive services and no annual or lifetime limits). QSEHRAs are available to employers with fewer than 50 full-time employees. The small business health care tax credit is available to employers with fewer than 25 full-time employees.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 12 June 2023

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• Reported in House (PDF)

  Reported in House · EN · 12 June 2023

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• Reported to House

  summary · EN · 12 June 2023

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• Introduced in House (text)

  Introduced in House · EN · 5 June 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 5 June 2023

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• Introduced in House

  summary · EN · 5 June 2023

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