Relief from Obamacare Mandate Act of 2016

Summary

Relief from Obamacare Mandate Act of 2016 This bill amends the Internal Revenue Code (IRC) to exempt individuals with certain premium increases from the requirement under the Patient Protection and Affordable Care Act (PPACA) to maintain minimum essential health coverage. The exemption applies to any individual for any month during a year that the individual resides in a state in which the average premium for self-only or family coverage under the second lowest cost silver plans within the state has increased by more than 10% from the prior year. The bill also requires the cost of annual deductibles to be taken into account in applying the exemption for individuals who cannot afford coverage. The bill repeals provisions added to the IRC by PPACA that: (1) restrict payments from health savings accounts (HSAs), Archer medical savings accounts (MSAs), and health flexible spending and reimbursement arrangements for medications to prescription drugs and insulin only (thus allowing payments for over-the-counter medications); (2) impose a $2,500 limitation on salary reduction contributions to a health flexible spending arrangement under a cafeteria plan; and (3) impose an additional tax on HSA and Archer MSA distributions not used for qualified medical expenses.

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Timeline

1. 14 July 2016

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 14 July 2016

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 14 July 2016 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 14 July 2016

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 July 2016

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 July 2016

  Open at official source

Sponsors

• Tom Cotton · R · Sponsor
• Sen. Ayotte, Kelly [R-NH] · R · Sponsor
• Sen. McCain, John [R-AZ] · R · Sponsor
• James Lankford · R · Sponsor
• Ron Johnson · R · Sponsor
• Sen. Burr, Richard [R-NC] · R · Sponsor
• Sen. Perdue, David [R-GA] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Family Health Care Flexibility Act
• related to → Family Health Care Flexibility Act
• related to → FSA Act
• related to ← Relief from Obamacare Mandate Act of 2016
• related to ← Relief from Obamacare Mandate Act of 2016