[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1446 Introduced in Senate (IS)]

113th CONGRESS
  1st Session
                                S. 1446

To amend the Internal Revenue Code of 1986 to improve the affordability 
         of the health care tax credit, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             August 1, 2013

Mr. Rockefeller (for himself, Mr. Brown, Ms. Stabenow, and Ms. Hirono) 
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 improve the affordability 
         of the health care 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. SHORT TITLE.

    This Act may be cited as the ``Health Care Coverage for Displaced 
Workers Act''.

SEC. 2. IMPROVEMENT OF THE AFFORDABILITY OF THE HEALTH CARE TAX CREDIT.

    (a) Increase in Credit.--Subsection (a) of section 35 of the 
Internal Revenue Code of 1986 is amended by striking ``72.5 percent'' 
and inserting ``80 percent''.
    (b) Permanent Extension.--Subparagraph (B) of section 35(b)(1) of 
the Internal Revenue Code of 1986 is amended by striking ``, and before 
January 1, 2014''.
    (c) Conforming Amendments.--
            (1) Subsection (b) of section 7527 of the Internal Revenue 
        Code of 1986 is amended by striking ``72.5 percent'' and 
        inserting ``80 percent''.
            (2) Paragraph (1) of section 7527(e) of such Code is 
        amended by striking ``72.5 percent'' and inserting ``80 
        percent''.
    (d) Effective Date.--The amendments made by this section shall 
apply to coverage months beginning after the date of the enactment of 
this Act.
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