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S. 1529

Addressing Affordability for More Americans Act of 2017

Addressing Affordability for More Americans Act of 2017

This bill amends the Internal Revenue Code, with respect to the health care premium assistance refundable tax credit, to: (1) expand eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the year does not exceed 800% of the federal poverty line (currently 400%), (2) specify the applicable premium percentages for the credit for taxpayers with incomes that are from 400% to 800% of the federal poverty line, and (3) specify the dollar limitations for the recapture of excess advance payments of the credit from such taxpayers.

Read twice and referred to the Committee on Finance.

Sen. Heitkamp, Heidi [D-ND](D-ND)Sponsor
4 cosponsors3 D1 I
4cosponsors1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Addressing Affordability for More Americans Act of 2017 — Informed