Bill Text: CA AB2459 | 2017-2018 | Regular Session | Amended
Bill Title: Personal income taxes: credits: health insurance premiums.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2018-08-16 - In committee: Held under submission. [AB2459 Detail]
Download: California-2017-AB2459-Amended.html
Amended
IN
Assembly
March 23, 2018 |
Assembly Bill | No. 2459 |
Introduced by Assembly Member Friedman (Coauthors: Assembly Members Arambula, Wood, and Chiu) |
February 14, 2018 |
LEGISLATIVE COUNSEL'S DIGEST
Existing federal law, the federal Patient Protection and Affordable Care Act (PPACA), enacted various health care coverage market reforms that took effect January 1, 2014. PPACA required each state, by January 1, 2014, to establish an American Health Benefit Exchange to facilitate the purchase of qualified health benefit plans by qualified individuals and qualified small employers. PPACA defines a “qualified health plan” as a plan that, among other requirements, provides an essential health benefits package. Existing state law creates the California Health Benefit Exchange, also known as Covered California, to facilitate the purchase of qualified health plans by qualified individuals and qualified small employers.
This bill would express the intent of the Legislature to enact legislation that would ensure that a Californian who purchases health
care coverage as an individual would spend no more than ___% of his or her income on the premiums for health care coverage that pays ___% of the average cost of care.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
(a) The Legislature finds and declares that Medicare, Medicaid, employer coverage, and the Affordable Care Act provide most Californians with access to health care coverage that meets minimum standards of affordability.SEC. 2.
Section 17052.10 is added to the Revenue and Taxation Code, to read:17052.10.
(a) (1) For each taxable year beginning on or after January 1, 2019, there shall be allowed to a qualified individual a health insurance premium credit against the “net tax,” as defined by Section 17039, in an amount determined pursuant to paragraph (2).SEC. 3.
This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.It is the intent of the Legislature to enact legislation to provide that a Californian who purchases health care coverage as an individual would spend no more than ___ percent of his or her income on the premiums for health care coverage that pays ___ percent of the average cost of care.