[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1628 Introduced in House (IH)]

111th CONGRESS
  2d Session
H. RES. 1628

 Expressing the sense of the House of Representatives with respect to 
 efforts to extend the Health Coverage Tax Credit to provide access to 
     affordable healthcare for Delphi retirees and other eligible 
                              individuals.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 16, 2010

 Mr. Kildee submitted the following resolution; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
 Expressing the sense of the House of Representatives with respect to 
 efforts to extend the Health Coverage Tax Credit to provide access to 
     affordable healthcare for Delphi retirees and other eligible 
                              individuals.

Whereas Delphi Corporation was spun off from General Motors in 1999, making it 
        the largest auto supplier in the United States;
Whereas Delphi Corporation entered bankruptcy protection in 2005, cutting over 
        35,000 jobs nationwide;
Whereas Delphi exited bankruptcy in October 2009;
Whereas in February 2009, Delphi announced it would eliminate healthcare 
        benefits for salaried retirees;
Whereas the Pension Benefit Guaranty Corporation (hereinafter referred to as the 
        ``PBGC'') terminated Delphi's pension plan and became the trustee in 
        July 2009;
Whereas 20,000 Delphi salaried retirees may see their pension benefits cut by as 
        much as 70 percent under the PBGC;
Whereas retirees over age 55 receiving pension benefits from the PBGC are 
        eligible to receive the Health Coverage Tax Credit;
Whereas the Health Coverage Tax Credit currently pays 80 percent of qualified 
        health plan premiums for Delphi retirees and other eligible individuals;
Whereas the American Recovery and Reinvestment Act included the TAA Health 
        Coverage Improvement Act of 2009 that expanded the Health Coverage Tax 
        Credit; and
Whereas the TAA Health Coverage Improvement Act of 2009 is set to expire on 
        December 31, 2010, causing drastic increases in health insurance 
        premiums for Delphi retirees and other individuals receiving the Health 
        Coverage Tax Credit: Now, therefore, be it
    Resolved, That it is the sense of the House of Representatives that 
the Health Coverage Tax Credit should be extended by the end of the 
year to help Delphi retirees and other eligible individuals receive 
affordable healthcare.
                                 <all>