Coverage Continuity Act

Summary

Coverage Continuity Act - Amends the Internal Revenue Code to: (1) increase from 65 to 85% the rate of the tax credit for the health insurance costs of taxpayers who are Trade Adjustment Assistance (TAA) or Pension Benefit Guaranty Corporation (PBGC) benefit recipients; and (2) extend such tax credit to certain individuals who are eligible for health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act (COBRA). Allows individuals whose eligibility for COBRA continuation coverage terminates between January 1, 2009, and December 31, 2009, to extend such coverage for an additional 12 months.

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Timeline

1. 7 January 2009

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 7 January 2009

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 7 January 2009 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 January 2009

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 January 2009

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 January 2009

  Open at official source

Sponsors

• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• · ssfi00 · Standing

Related records

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