House
Apr 25, 2002

To 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.

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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