3.0.0 29 2022-02-03T06:10:10Z 2022-02-03T06:10:10Z Senate S S 2009-01-07 111 ssfi00 Finance Committee Senate Standing Referred to 2009-01-07T23:54:51Z 2009-01-07 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2009-01-07 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N Taxation Health care costs and insurance Health care coverage and access Income tax credits Taxation 00 2009-01-07 Introduced in Senate 2009-01-28T20:34:10Z Coverage Continuity Act - Amends the Internal Revenue Code to: (1) increase from 65 to 85% the rate of the tax credit for the health insurance costs of taxpayers who are Trade Adjustment Assistance (TAA) or Pension Benefit Guaranty Corporation (PBGC) benefit recipients; and (2) extend such tax credit to certain individuals who are eligible for health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

Allows individuals whose eligibility for COBRA continuation coverage terminates between January 1, 2009, and December 31, 2009, to extend such coverage for an additional 12 months.

]]> Coverage Continuity Act Short Titles as Introduced Coverage Continuity Act Display Title Coverage Continuity Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase the credit for the health insurance costs of eligible individuals, to expand such credit to individuals covered under COBRA, and to extend the period of COBRA continuation coverage for certain individuals. Introduced in Senate 2009-01-07T05:00:00Z 2009-01-07 Read twice and referred to the Committee on Finance. 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.