US SB2735 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on October 30 2019 - 25% progression, died in committee
Action: 2019-10-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 30 2019 - 25% progression, died in committee
Action: 2019-10-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to increase the premium assistance tax credit for taxpayers with household members between the ages of 18-34. (The credit is available to eligible individuals and families to subsidize the purchase of health insurance on an exchange established under the Patient Protection and Affordable Care Act.) The bill allows an increased tax credit for the purchase of health insurance by reducing the maximum percentage of income that taxpayers under age 31 must pay for coverage by 2.5%, with reductions of .5% for each year for ages 31-34.
Title
Advancing Youth Enrollment Act
Sponsors
| Sen. Tammy Baldwin [D-WI] | Sen. Angus King [I-ME] | Sen. Cory Booker [D-NJ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-10-30 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4927 (Same As) 2019-10-30 - Referred to the House Committee on Ways and Means.
Subjects
Health care costs and insurance
Health care coverage and access
Income tax credits
Tax administration and collection, taxpayers
Taxation
Health care coverage and access
Income tax credits
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2735/all-info |
| Text | https://www.congress.gov/116/bills/s2735/BILLS-116s2735is.pdf |
