S 2701 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit for high deductible health plans for uninsured individuals.

Introduced 2006-05-03· Sponsored by Sen. Santorum, Rick [R-PA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2006-05-03)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow low and moderate income taxpayers without health insurance a refundable tax credit for 90% of the cost of high deductible health insurance (up to $3,000) to provide coverage for the taxpayer, the taxpayer's spouse, and dependents. Directs the Secretary of the Treasury to establish a program for making advance payment of tax credit amounts to health insurance providers.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans