Bill Text: CA AB2459 | 2017-2018 | Regular Session | Amended
Bill Title: Personal income taxes: credits: health insurance premiums.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2018-08-16 - In committee: Held under submission. [AB2459 Detail]
Download: California-2017-AB2459-Amended.html
Amended
IN
Senate
August 06, 2018 |
Amended
IN
Assembly
May 25, 2018 |
Amended
IN
Assembly
May 16, 2018 |
Amended
IN
Assembly
April 11, 2018 |
Amended
IN
Assembly
March 23, 2018 |
Assembly Bill | No. 2459 |
Introduced by Assembly Member Friedman (Coauthors: Assembly Members Arambula, Wood, and Chiu) |
February 14, 2018 |
LEGISLATIVE COUNSEL'S DIGEST
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
(a) The Legislature finds and declares that Medicare, Medicaid, employer coverage, and the Affordable Care Act provide most Californians with access to health care coverage that meets minimum standards of affordability.SEC. 2.
Section 100504.1 is added to the Government Code, to read:100504.1.
(a) In addition to the other requirements of this title, the board shall certify qualified individuals for purposes of the credit allowed by Section 17052.10 of the Revenue and Taxation Code. The board shall provide the certification to both the qualified individual and the Franchise Tax Board.SEC. 2.SEC. 3.
Section 17052.10 is added to the Revenue and Taxation Code, to read:17052.10.
(a) (1) For each taxable year beginning on or after January 1, 2019, and before January 1, 2026, there shall be allowed to a qualified individual a health insurance premium credit against the “net tax,” as defined by Section 17039, in an amount determined pursuant to paragraph (2).(4)The credit authorized by this subdivision shall only be operative for taxable years for which resources are authorized in the annual Budget Act for the Franchise Tax Board to oversee and audit returns associated with the credit.
(2)“Individual market” means an individual market described in either Article 11.8 (commencing with Section 1399.845) of Chapter 2.2 (commencing with Section 1340) of Division 2 of the Health and Safety Code or Chapter 9.9 (commencing with Section 10965) of Part 2 of Division 2 of the Insurance Code.
(3)
(4)
(5)(A)
(B)A “qualified individual” does not include an
individual who, or whose dependent for which the credit is claimed, is otherwise eligible for minimum essential coverage through employment, Medicare, Medicaid, or other public programs. For purposes of this subparagraph, “minimum essential coverage through employment” means affordable employer coverage of minimum value, as provided in the federal Patient Protection and Affordable Care Act (Public Law 111-148), as amended by the federal Health Care and Education Reconciliation Act of 2010 (Public Law 111-152), and any rules and regulations promulgated thereunder.
(C)“Public programs” has the same meaning as an applicable state health subsidy program in Section 1413(e) of the federal Patient Protection and Affordable Care Act (Public Law 111-148).
(D)“Standardized benefit
design” has the same meaning as a standardized product described in subdivision (e) of Section 1366.6 of the Health and Safety Code.
(E)“Dependent” has the same meaning as in subdivision (b) of Section 1399.845 of the Health and Safety Code.
(h)