3.0.0 1254 2023-01-11T13:36:23Z 2023-01-11T13:36:23Z Senate S 2017-05-25 115 ssfi00 Finance Committee Senate Standing Referred to 2017-05-25T18:20:27Z 2017-05-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-05-25 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2017-05-25 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2017-05-25 True D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2017-08-02 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2017-09-25 False Taxation Employee benefits and pensions Health care costs and insurance Income tax credits Inflation and prices Small business Wages and earnings Taxation 00 2017-05-25 Introduced in Senate 2017-09-18T18:57:52Z Health Care for Small Business Act

This bill amends the Internal Revenue Code, with respect to the tax credit for the employee health insurance expenses of small employers, to: (1) repeal the two-year limit on the credit period to permit certain small employers to be eligible for the credit in any year, (2) replace the formula for the phaseout of the credit based on the number of employees and average annual wages with a new phaseout formula based only on average annual wages, (3) permit certain employers that have no more than 50 employees (25 under current law) to be eligible for the credit, (4) modify the limit on the average annual wages of an eligible small employer, and (5) provide for a cost-of-living adjustment after 2017.

]]> Health Care for Small Business Act Display Title Health Care for Small Business Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand the small employer health insurance credit. Introduced in Senate IS Short Titles as Introduced Health Care for Small Business Act Introduced in Senate 2017-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1254is/xml/BILLS-115s1254is.xml 2017-05-25 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.