US Congress House Bill 4324 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on March 29 2012 - 25% progression, died in committee
Action: 2012-03-29 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Small Business Employee Health Insurance Credit Expansion Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the health insurance expenses of small employers, to: (1) expand the eligibility of such employers for the credit by allowing them to have up to 50 full-time employees (currently, limited to no more than 25 full-time employees); (2) modify the phaseout of such credit based upon increases in the number of eligible employees and the employer's average annual wages as specified in a formula provided by this Act; (3) repeal the requirement that employers make uniform contributions of at least 50% of each employee's premium to qualify for the tax credit; (4) repeal the limitation on such credit based on the average premium in the small group market in the rating area in which an employee enrolls for coverage; and (5) repeal the 2-year limitation on such credit..

Small Business Employee Health Insurance Credit Expansion Act of 2012

Rep. Ron Kind [D-WI]

Rep. Jim McDermott [D-WA]

Date	Chamber	Action
2012-03-29	House	Referred to the House Committee on Ways and Means.

HB4252 (Related) 2012-03-22 - Referred to the House Committee on Ways and Means.
SB2227 (Related) 2012-03-22 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/4324/all-info
Text	https://www.congress.gov/112/bills/hr4324/BILLS-112hr4324ih.pdf