House
Apr 25, 2002To amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for the purchase of private health insurance.
Summary
Official
Securing Access, Value, and Equality in Health Care Act - Amends the Internal Revenue Code to allow an individual a tax credit in an amount equal to the amount paid for qualified health insurance, subject to stated limitations. Requires persons who receive payments for health insurance coverage of an individual to make certain information returns. Directs the Secretary of the Treasury to make advance payments to the provider of an individual's qualified health insurance equal to the Secretary's estimate of the amount of credit allowable for the eligible individual.
Bill Progress
Bill has been introduced and assigned a number
Introduced(4/25/02)
Committee
Passed
House
Passed
Senate
President
Law
Cosponsors (2)
Latest Action
Referred to the House Committee on Ways and Means.
Apr 25, 2002