H.R. 1999

Health Care Tax Credit Enhancement for Workers and Steel Security Act of 2003

Latest
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1999 Introduced in House (IH)]

108th CONGRESS
1st Session
H. R. 1999

To amend the Internal Revenue Code of 1986 to expand the availability
of the refundable tax credit for health insurance costs of eligible
individuals and to extend the steel import licensing and monitoring
program.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

May 7, 2003

Mr. Visclosky (for himself, Mr. English, Mr. Quinn, Mr. Kucinich, Mr.
Murtha, Mr. Ney, Mr. Cardin, Mr. Oberstar, Mr. Brown of Ohio, Mr.
Mollohan, Mr. LaHood, Mrs. Jones of Ohio, Ms. Hart, Mr. Stupak, Mr.
Strickland, Mr. Levin, Mr. Dingell, Mr. Doyle, Mr. Rangel, Mr. Rahall,
Mr. Lewis of Georgia, Mr. Spratt, Ms. Kaptur, Mr. Davis of Illinois,
Mr. Shimkus, Mr. Jackson of Illinois, Mr. Costello, Mr. Lynch, Mr.
Matsui, Mr. Hinchey, Mr. Frost, Mr. McGovern, Mr. Kennedy of Rhode
Island, Mr. Grijalva, Mr. Holden, Mr. Towns, Mr. Thompson of
California, Mr. Ryan of Ohio, Mr. Israel, Mr. Abercrombie, Mr. Wynn,
Mr. Conyers, Ms. Corrine Brown of Florida, Mr. Cummings, Ms. Hooley of
Oregon, Ms. Millender-McDonald, Mr. Pallone, Mr. Ruppersberger, Mr.
Sanders, Mr. Olver, Mr. Baca, Mr. Langevin, Mr. McNulty, Mr. Engel, Ms.
Norton, Ms. Berkley, Mr. Green of Texas, Mrs. Christensen, Mr.
Matheson, Ms. Carson of Indiana, Mr. Michaud, Mr. Kildee, Mr. Reyes,
Ms. McCarthy of Missouri, Mr. Allen, Ms. Woolsey, Mr. Evans, Mr.
Cramer, Mr. Filner, Ms. Roybal-Allard, Mr. Gutierrez, Ms. Baldwin, Mr.
Bishop of Georgia, Mr. Payne, Ms. Kilpatrick, and Mr. Thompson of
Mississippi) introduced the following bill; which was referred to the
Committee on Ways and Means

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to expand the availability
of the refundable tax credit for health insurance costs of eligible
individuals and to extend the steel import licensing and monitoring
program.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Health Care Tax Credit Enhancement
for Workers and Steel Security Act of 2003''.

SEC. 2. HEALTH CARE TAX CREDIT ENHANCEMENT.

(a) Decrease in Age Eligibility Requirement.--Subparagraph (A) of
section 35(c)(4) of the Internal Revenue Code of 1986 (defining
eligible PBGC pension recipient) is amended by striking ``age 55'' and
inserting ``age 50''.
(b) Repeal of 3-Month Requirement of Existing Coverage.--Clause (i)
of section 35(e)(2)(B) of such Code (defining qualifying individual) is
amended by striking ``9801(c)'' and inserting ``9801(c) (prior to the
employment separation necessary to attain the status of an eligible
individual)''.
(c) Eligibility of Spouse of Certain Individuals Entitled to
Medicare.--Subsection (b) of section 35 of such Code (defining eligible
coverage month) is amended by adding at the end the following:
``(3) Special rule for spouse of individual entitled to
Medicare.--Any month which would be an eligible coverage month
with respect to a taxpayer (determined without regard to
subsection (f)(2)(A)) shall be an eligible coverage month for
any spouse of such taxpayer.''.
(d) Effective Date.--The amendments made by this section shall
apply as if included in the amendments made by section 201 of the Trade
Adjustment Assistance Reform Act of 2002.

SEC. 3. MAINTENANCE OF STEEL IMPORT LICENSING AND MONITORING PROGRAM.

(a) Maintenance of Program.--The steel import licensing and
monitoring program established by the Secretary of the Treasury and the
Secretary of Commerce pursuant to the Memorandum signed by the
President on March 5, 2002 (67 Fed. Reg. 10593 through 10597) (pursuant
to the authority of the President under section 203(g) of the Trade Act
of 1974), shall, notwithstanding any other action taken by the
President under section 203 of the Trade Act of 1974 concerning the
steel products described in the Memorandum, remain in effect until not
later than March 6, 2010. In carrying out the program in accordance
with the preceding sentence, the Secretary of the Treasury and the
Secretary of Commerce shall expand the program to include all iron and
steel, and all articles of iron or steel, described in chapters 72 and
73 of the Harmonized Tariff Schedule of the United States.
(b) Additional Authority.--The Secretary of the Treasury and the
Secretary of Commerce are hereby authorized and directed to take such
actions as are necessary to maintain or expand as necessary and
appropriate the operation of the program described in subsection (a).
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