US SB554 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 7 2017 - 25% progression, died in committee
Action: 2017-03-07 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 7 2017 - 25% progression, died in committee
Action: 2017-03-07 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to provide for reconciliation pursuant to section 2002 of the concurrent resolution on the budget for fiscal year 2017. This bill amends the Patient Protection and Affordable Care Act (PPACA) to terminate the Prevention and Public Health Fund. The bill increases funding for community health centers. The Department of Health and Human Services may not make payments under the transitional reinsurance program. The bill makes appropriations for grants to states to address substance abuse or urgent mental health needs. This bill amends the Internal Revenue Code, including to require individuals to pay back all excess advance payments of the premium assistance tax credit. The premium assistance tax credit and reduced cost sharing are terminated at the end of 2019. The small employer health insurance tax credit does not apply after 2019. Individuals are no longer required to maintain minimum essential health care coverage. Large employers are no longer required to provide health coverage to employees. For one year, the bill restricts the availability of federal funding for payments to certain family planning providers (e.g., Planned Parenthood Federation of America). This bill amends the Social Security Act, including to end the expansion of Medicaid under PPACA on December 31, 2019. The tax on high-cost, employer-sponsored health coverage (popularly known as the "Cadillac tax") does not apply after 2019. The bill revises provisions regarding health savings accounts, Archer medical savings accounts, health flexible spending arrangements, and health reimbursement arrangements, including to allow payments for over-the-counter medications. The bill eliminates various taxes and fees imposed by PPACA, including the tax on medical devices, the annual fee on health insurers, the indoor tanning services tax, and the net investment income tax. Funds are provided to the Federal Hospital Insurance Trust Fund.
Title
A bill to provide for reconciliation pursuant to section 2002 of the concurrent resolution on the budget for fiscal year 2017.
Sponsors
Sen. Rand Paul [R-KY] | Sen. Mike Lee [R-UT] |
History
Date | Chamber | Action |
---|---|---|
2017-03-07 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1436 (Related) 2017-03-10 - Referred to the Subcommittee on Health.
Subjects
Abortion
Appropriations
Drug trafficking and controlled substances
Drug, alcohol, tobacco use
Employee benefits and pensions
Employment taxes
Family planning and birth control
Government trust funds
Health
Health care costs and insurance
Health care coverage and access
Health facilities and institutions
Health programs administration and funding
Health promotion and preventive care
Health technology, devices, supplies
Hospital care
Income tax credits
Income tax deductions
Medicaid
Medical education
Medicare
Mental health
Prescription drugs
Sales and excise taxes
Self-employed
Sex and reproductive health
Small business
Tax administration and collection, taxpayers
Tax-exempt organizations
Women's health
Appropriations
Drug trafficking and controlled substances
Drug, alcohol, tobacco use
Employee benefits and pensions
Employment taxes
Family planning and birth control
Government trust funds
Health
Health care costs and insurance
Health care coverage and access
Health facilities and institutions
Health programs administration and funding
Health promotion and preventive care
Health technology, devices, supplies
Hospital care
Income tax credits
Income tax deductions
Medicaid
Medical education
Medicare
Mental health
Prescription drugs
Sales and excise taxes
Self-employed
Sex and reproductive health
Small business
Tax administration and collection, taxpayers
Tax-exempt organizations
Women's health
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/554/all-info |
Text | https://www.congress.gov/115/bills/s554/BILLS-115s554is.pdf |