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.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2006-05-03)
Plain Language Summary
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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