[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4217 Introduced in House (IH)]

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114th CONGRESS
  1st Session
                                H. R. 4217

To amend the Internal Revenue Code of 1986 to determine eligibility for 
health insurance subsidies without regard to amounts included in income 
                 by reason of conversion to a Roth IRA.


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                    IN THE HOUSE OF REPRESENTATIVES

                           December 10, 2015

   Mr. Bera introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to determine eligibility for 
health insurance subsidies without regard to amounts included in income 
                 by reason of conversion to a Roth IRA.

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

SECTION 1. ELIGIBILITY FOR HEALTH INSURANCE SUBSIDIES DETERMINED 
              WITHOUT REGARD TO AMOUNTS INCLUDED IN INCOME BY REASON OF 
              CONVERSION TO ROTH IRA.

    (a) In General.--Section 36B(d)(2)(B) of the Internal Revenue Code 
of 1986 is amended--
            (1) by redesignating clauses (i), (ii), and (iii) as 
        subclauses (I), (II), and (III), respectively, and by adjusting 
        the indentation of such subclauses accordingly,
            (2) by striking ``adjusted gross income increased by--'' 
        and inserting ``adjusted gross income--
                            ``(i) increased by--'',
            (3) by striking the period at the end and inserting ``, 
        and'', and
            (4) by adding at the end the following new clause:
                            ``(ii) decreased by any amount included in 
                        gross income to which section 408A(d)(3)(A)(i) 
                        applies.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2013.
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