[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 221 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                 S. 221

    To amend the Internal Revenue Code of 1986 to extend the health 
          insurance costs tax credit, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 27, 2011

Mr. Brown of Ohio (for himself, Mr. Rockefeller, Ms. Stabenow, and Mr. 
Casey) introduced the following bill; which was read twice and referred 
                      to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to extend the health 
          insurance costs tax credit, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. IMPROVEMENT OF THE AFFORDABILITY OF THE CREDIT.

    (a) In General.--Section 35(a) of the Internal Revenue Code of 1986 
is amended by striking ``February 13, 2011'' and inserting ``July 1, 
2012''.
    (b) Conforming Amendment.--Section 7527(b) of such Code is amended 
by striking ``February 13, 2011'' and inserting ``July 1, 2012''.
    (c) Effective Date.--The amendments made by this section shall 
apply to coverage months beginning after February 12, 2011.

SEC. 2. PAYMENT FOR THE MONTHLY PREMIUMS PAID PRIOR TO COMMENCEMENT OF 
              THE ADVANCE PAYMENTS OF CREDIT.

    (a) In General.--Section 7527(e) of the Internal Revenue Code of 
1986 is amended by striking ``February 13, 2011'' and inserting ``July 
1, 2012''.
    (b) Effective Date.--The amendment made by this section shall apply 
to coverage months beginning after February 12, 2011.

SEC. 3. TAA RECIPIENTS NOT ENROLLED IN TRAINING PROGRAMS ELIGIBLE FOR 
              CREDIT.

    (a) In General.--Section 35(c)(2)(B) of the Internal Revenue Code 
of 1986 is amended by striking ``February 13, 2011'' and inserting 
``July 1, 2012''.
    (b) Effective Date.--The amendment made by this section shall apply 
to coverage months beginning after February 12, 2011.

SEC. 4. TAA PRE-CERTIFICATION PERIOD RULE FOR PURPOSES OF DETERMINING 
              WHETHER THERE IS A 63-DAY LAPSE IN CREDITABLE COVERAGE.

    (a) IRC Amendment.--Section 9801(c)(2)(D) of the Internal Revenue 
Code of 1986 is amended by striking ``February 13, 2011'' and inserting 
``July 1, 2012''.
    (b) ERISA Amendment.--Section 701(c)(2)(C) of the Employee 
Retirement Income Security Act of 1974 (29 U.S.C. 1181(c)(2)(C)) is 
amended by striking ``February 13, 2011'' and inserting ``July 1, 
2012''.
    (c) PHSA Amendment.--Section 2701(c)(2)(C) of the Public Health 
Service Act (42 U.S.C. 300gg(c)(2)(C)) is amended by striking 
``February 13, 2011'' and inserting ``July 1, 2012''.
    (d) Effective Date.--The amendments made by this section shall 
apply to plan years beginning after February 12, 2011.

SEC. 5. CONTINUED QUALIFICATION OF FAMILY MEMBERS AFTER CERTAIN EVENTS.

    (a) In General.--Section 35(g)(9) of the Internal Revenue Code of 
1986 is amended by striking ``February 13, 2011'' and inserting ``July 
1, 2012''.
    (b) Conforming Amendment.--Section 173(f)(8) of the Workforce 
Investment Act of 1998 (29 U.S.C. 2918(f)(8)) is amended by striking 
``February 13, 2011'' and inserting ``July 1, 2012''.
    (c) Effective Date.--The amendments made by this section shall 
apply to months beginning after February 12, 2011.

SEC. 6. EXTENSION OF COBRA BENEFITS FOR CERTAIN TAA-ELIGIBLE 
              INDIVIDUALS AND PBGC RECIPIENTS.

    (a) ERISA Amendments.--
            (1) PBGC recipients.--Section 602(2)(A)(v) of the Employee 
        Retirement Income Security Act of 1974 (29 U.S.C. 
        1162(2)(A)(v)) is amended by striking ``February 12, 2011'' and 
        inserting ``June 30, 2012''.
            (2) TAA-eligible individuals.--Section 602(2)(A)(vi) of 
        such Act (29 U.S.C. 1162(2)(A)(vi)) is amended by striking 
        ``February 12, 2011'' and inserting ``June 30, 2012''.
    (b) IRC Amendments.--
            (1) PBGC recipients.--Section 4980B(f)(2)(B)(i)(V) of the 
        Internal Revenue Code of 1986 is amended by striking ``February 
        12, 2011'' and inserting ``June 30, 2012''.
            (2) TAA-eligible individuals.--Section 
        4980B(f)(2)(B)(i)(VI) of such Code is amended by striking 
        ``February 12, 2011'' and inserting ``June 30, 2012''.
    (c) PHSA Amendments.--Section 2202(2)(A)(iv) of the Public Health 
Service Act (42 U.S.C. 300bb-2(2)(A)(iv)) is amended by striking 
``February 12, 2011'' and inserting ``June 30, 2012''.
    (d) Effective Date.--The amendments made by this section shall 
apply to periods of coverage which would (without regard to the 
amendments made by this section) end on or after February 12, 2011.

SEC. 7. ADDITION OF COVERAGE THROUGH VOLUNTARY EMPLOYEES' BENEFICIARY 
              ASSOCIATIONS.

    (a) In General.--Section 35(e)(1)(K) of the Internal Revenue Code 
of 1986 is amended by striking ``February 13, 2011'' and inserting 
``July 1, 2012''.
    (b) Effective Date.--The amendment made by this section shall apply 
to coverage months beginning after February 12, 2011.

SEC. 8. NOTICE REQUIREMENTS.

    (a) In General.--Section 7527(d)(2) of the Internal Revenue Code of 
1986 is amended by striking ``February 13, 2011'' and inserting ``July 
1, 2012''.
    (b) Effective Date.--The amendment made by this section shall apply 
to certificates issued after February 12, 2011.

SEC. 9. APPLICATION OF LEVY TO PAYMENTS TO FEDERAL VENDORS RELATING TO 
              PROPERTY.

    (a) In General.--Section 6331(h)(3) of the Internal Revenue Code of 
1986 is amended by striking ``of goods or services'' and all that 
follows and inserting ``of--
                    ``(A) goods or services sold or leased to the 
                Federal Government, or
                    ``(B) in the case of levies issued during the 2-
                year period beginning after the date of the enactment 
                of this subparagraph, property so sold or leased.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to levies issued after the date of the enactment of this Act.
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