[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 432 Introduced in House (IH)]
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115th CONGRESS
1st Session
H. R. 432
To amend the Internal Revenue Code of 1986 to expand and modify the
credit for employee health insurance expenses of small employers.
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IN THE HOUSE OF REPRESENTATIVES
January 11, 2017
Ms. DelBene (for herself, Mr. Kind, Mr. Ruppersberger, and Ms. Kuster
of New Hampshire) introduced the following bill; which was referred to
the Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to expand and modify the
credit for employee health insurance expenses of small employers.
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 ``Small Business Tax Credit
Accessibility Act''.
SEC. 2. EXPANSION AND MODIFICATION OF CREDIT FOR EMPLOYEE HEALTH
INSURANCE EXPENSES OF SMALL EMPLOYERS.
(a) Expansion of Definition of Eligible Small Employer.--
Subparagraph (A) of section 45R(d)(1) of the Internal Revenue Code of
1986 is amended by striking ``25'' and inserting ``50''.
(b) Amendment To Phaseout Determination.--Subsection (c) of section
45R of the Internal Revenue Code of 1986 is amended to read as follows:
``(c) Phaseout of Credit Amount Based on Number of Employees and
Average Wages.--The amount of the credit determined under subsection
(b) (without regard to this subsection) shall be adjusted (but not
below zero) by multiplying such amount by the product of--
``(1) the lesser of--
``(A) a fraction the numerator of which is the
excess (if any) of 50 over the total number of full-
time equivalent employees of the employer and the
denominator of which is 30, and
``(B) 1, and
``(2) the lesser of--
``(A) a fraction--
``(i) the numerator of which is the excess
(if any) of--
``(I) the dollar amount in effect
under subsection (d)(3)(B) for the
taxable year, multiplied by 3, over
``(II) the average annual wages of
the employer for such taxable year, and
``(ii) the denominator of which is the
dollar amount so in effect under subsection
(d)(3)(B), multiplied by 2, and
``(B) 1.''.
(c) Extension of Credit Period.--Paragraph (2) of section 45R(e) of
the Internal Revenue Code of 1986 is amended by striking ``2-
consecutive-taxable year period'' and all that follows and inserting
``3-consecutive-taxable year period beginning with the first taxable
year beginning after 2014 in which--
``(A) the employer (or any predecessor) offers one
or more qualified health plans to its employees through
an Exchange, and
``(B) the employer (or any predecessor) claims the
credit under this section.''.
(d) Average Annual Wage Limitation.--Subparagraph (B) of section
45R(d)(3) of the Internal Revenue Code of 1986 is amended to read as
follows:
``(B) Dollar amount.--For purposes of paragraph
(1)(B) and subsection (c)(2), the dollar amount in
effect under this paragraph is the amount equal to 110
percent of the poverty line (within the meaning of
section 36B(d)(3)) for a family of 4.''.
(e) Elimination of Uniform Percentage Contribution Requirement.--
Paragraph (4) of section 45R(d) of the Internal Revenue Code of 1986 is
amended by striking ``a uniform percentage (not less than 50 percent)''
and inserting ``at least 50 percent''.
(f) Elimination of Cap Relating to Average Local Premiums.--
Subsection (b) of section 45R of the Internal Revenue Code of 1986 is
amended by striking ``the lesser of'' and all that follows and
inserting ``the aggregate amount of nonelective contributions the
employer made on behalf of its employees during the taxable year under
the arrangement described in subsection (d)(4) for premiums for
qualified health plans offered by the employer to its employees through
an Exchange.''.
(g) Conforming Amendment Relating to Annual Wage Limitation.--
Subparagraph (B) of section 45R(d)(1) of the Internal Revenue Code of
1986 is amended by striking ``twice'' and inserting ``three times''.
(h) Effective Date.--The amendments made by this section shall
apply to amounts paid or incurred in taxable years beginning after
December 31, 2016.
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