To repeal the unearned income Medicare contribution provision in the Health Care and Education Reconciliation Act of 2010.

3.0.0 6385 2023-01-11T13:21:29Z 2023-01-11T13:21:29Z House H HR 2010-09-29 111 hswm00 Ways and Means Committee House Standing Referred to 2010-09-29T14:22:25Z 2010-09-29 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-09-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-09-29 Introduced in House IntroReferral 1000 9 Library of Congress S001172 Rep. Smith, Adrian [R-NE-3] Adrian Smith R NE 3 N Taxation Employment taxes Medicare Taxation

00 2010-09-29 Introduced in House 2010-11-23T16:49:21Z Amends the Health Care and Education Reconciliation Act of 2010 to repeal the unearned income Medicare contribution provision, under which: (1) net investment income (interest, dividends, annuities, royalties, rents, passive income, and net gain from the disposition of nonbusiness property) is included in the Medicare taxable base; (2) a 3.8% tax is imposed on it, beginning in 2013; and (3) the net investment income of taxpayers with adjusted gross incomes of under $200,000 ($250,000 for joint returns) is excluded from such tax.

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To repeal the unearned income Medicare contribution provision in the Health Care and Education Reconciliation Act of 2010. Display Title To repeal the unearned income Medicare contribution provision in the Health Care and Education Reconciliation Act of 2010. Official Title as Introduced To repeal the unearned income Medicare contribution provision in the Health Care and Education Reconciliation Act of 2010. Introduced in House IH Introduced in House 2010-09-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6385ih/xml/BILLS-111hr6385ih.xml 2010-09-29 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.