Small Business Health Tax Credit Act

Summary

Small Business Health Tax Credit Act - Amends the Internal Revenue Code to allow small business employers (employers with between two and 50 employees) an income tax credit of between 30 to 50 percent (depending upon the number of employees) of the amount paid for employee health insurance, subject to a dollar limitation for each employee. Allows the employer to apply such credit against its minimum tax liability. Directs the Internal Revenue Service, in conjunction with the Small Business Administration, to educate small business personnel about this tax credit.

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Timeline

1. 26 March 2004

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3216)

   Source: IntroReferral

2. 26 March 2004

   Introduced

   Sponsor introductory remarks on measure. (CR S3215-3216)

   Source: IntroReferral

3. 26 March 2004

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 13 May 2004

   Introduced

   Sponsor introductory remarks on measure. (CR S5386)

   Source: IntroReferral

5. 14 July 2004

   Introduced

   Sponsor introductory remarks on measure. (CR S8057-8059)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 26 March 2004 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 26 March 2004

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 26 March 2004

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 26 March 2004

  Open at official source

Sponsors

• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• · ssfi00 · Standing

Related records

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