US Congress Senate Bill 1254 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on May 25 2017 - 25% progression, died in committee
Action: 2017-05-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Health Care for Small Business Act This bill amends the Internal Revenue Code, with respect to the tax credit for the employee health insurance expenses of small employers, to: (1) repeal the two-year limit on the credit period to permit certain small employers to be eligible for the credit in any year, (2) replace the formula for the phaseout of the credit based on the number of employees and average annual wages with a new phaseout formula based only on average annual wages, (3) permit certain employers that have no more than 50 employees (25 under current law) to be eligible for the credit, (4) modify the limit on the average annual wages of an eligible small employer, and (5) provide for a cost-of-living adjustment after 2017.

Health Care for Small Business Act

Sen. Debbie Stabenow [D-MI]	Sen. Gary Peters [D-MI]	Sen. Tammy Baldwin [D-WI]	Sen. Tammy Duckworth [D-IL]
Sen. Amy Klobuchar [D-MN]

Date	Chamber	Action
2017-05-25	Senate	Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/1254/all-info
Text	https://www.congress.gov/115/bills/s1254/BILLS-115s1254is.pdf