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United States · Bill · HR

H.R. 3912 (118th)

Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act

referredUnited States· United States Congress· EN

Introduced

7 June 2023

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

24 July 2024

Summary

Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act This bill permanently reauthorizes and expands the Health Coverage Tax Credit. As previously enacted, the Health Coverage Tax Credit covered 72.5% of health insurance costs for certain Trade Adjustment Assistance (TAA) recipients, alternative TAA recipients, and Pension Benefit Guaranty Corporation pension recipients. The credit expired in December 2021. The bill permanently reauthorizes the credit and expands the credit to cover 80% of health insurance costs.

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3 official files

Introduced in House (text)

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