Commonsense Reporting Act of 2021

Summary

Commonsense Reporting Act of 2021 This bill addresses the eligibility verification process for the premium assistance tax credit and cost-sharing subsidy under the Patient Protection and Affordable Care Act (PPACA). It requires the Department of the Treasury to develop and implement a reporting system that allows employers to voluntarily report information about their health plans for the current plan year prior to the beginning of open enrollment. The bill also allows electronic transmission of employee and enrollee statements and permits Treasury to accept full names and dates of birth in lieu of dependents' and spouses' Social Security numbers. The bill also allows certain large employers who do not offer their employees minimum health care coverage 90 days to appeal an assessment for not providing such coverage. The Government Accountability Office must evaluate (1) for the period beginning on January 1, 2015, and ending on December 31, 2020, the notification of employers by PPACA exchanges of the eligibility of employees for advance payments of the premium assistance tax credit or cost-sharing subsidies; and (2) for calendar year 2022, the functionality of the prospective reporting system established by this bill, including the accuracy of information collected.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 September 2021

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 21 September 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 September 2021

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 September 2021

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 September 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 September 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 September 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 September 2021

  Open at official source

Sponsors

• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Adrian Smith · R · Sponsor
• Jackie Walorski · R · Cosponsor
• Rep. Sewell, Terri A. [D-AL-7] · D · Cosponsor
• Kurt Schrader · D · Cosponsor
• Rep. Amodei, Mark E. [R-NV-2] · R · Cosponsor
• Rep. Bacon, Don [R-NE-2] · R · Cosponsor
• · hsif00 · Standing
• · hswm00 · Standing

Related records

• related to ← Commonsense Reporting Act of 2022
• related to ← Commonsense Reporting Act of 2022