Small Business Employee Health Insurance Credit Expansion Act of 2012

Summary

Small Business Employee Health Insurance Credit Expansion Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the health insurance expenses of small employers, to: (1) expand the eligibility of such employers for the credit by allowing them to have up to 50 full-time employees (currently, limited to no more than 25 full-time employees); (2) modify the phaseout of such credit based upon increases in the number of eligible employees and the employer's average annual wages as specified in a formula provided by this Act; (3) repeal the requirement that employers make uniform contributions of at least 50% of each employee's premium to qualify for the tax credit; (4) repeal the limitation on such credit based on the average premium in the small group market in the rating area in which an employee enrolls for coverage; and (5) repeal the 2-year limitation on such credit..

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Timeline

1. 29 March 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 29 March 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 March 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 March 2012 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 March 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 March 2012

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 29 March 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Kind, Ron [D-WI-3] · D · Sponsor
• Rep. McDermott, Jim [D-WA-7] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → Small Business Health Care Tax Credit Improvement Act of 2012
• related to ← Small Business Health Care Tax Credit Improvement Act of 2012