[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 1693 Introduced in Senate (IS)]
108th CONGRESS
1st Session
S. 1693
To amend section 35 of the Internal Revenue Code of 1986 to allow
individuals receiving unemployment compensation to be eligible for a
refundable, advanceable credit for health insurance costs.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
October 1, 2003
Mr. Grassley (for himself and Mr. Baucus) introduced the following
bill; which was read twice and referred to the Committee on Finance
_______________________________________________________________________
A BILL
To amend section 35 of the Internal Revenue Code of 1986 to allow
individuals receiving unemployment compensation to be eligible for a
refundable, advanceable credit for health insurance costs.
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 Expansion Act
of 2003''.
SEC. 2. CREDIT FOR HEALTH INSURANCE COSTS OF INDIVIDUALS RECEIVING
UNEMPLOYMENT COMPENSATION.
(a) In General.--Section 35(c) of the Internal Revenue Code of 1986
(defining eligible individual) is amended--
(1) in paragraph (1)--
(A) in subparagraph (B), by striking ``and'' at the
end;
(B) in subparagraph (C), by striking the period and
inserting ``, and''; and
(C) by adding at the end the following:
``(D) an eligible unemployment compensation
recipient.''; and
(2) by adding at the end the following:
``(5) Eligible unemployment compensation recipient.--
``(A) In general.--The term `eligible unemployment
compensation recipient' means, with respect to any
month, any individual who is determined eligible for
any day of such month for unemployment compensation
under State law (as defined in section 205(9) of the
Federal-State Extended Unemployment Compensation Act of
1970), including Federal unemployment compensation laws
administered through the State. An individual shall
continue to be treated as an eligible unemployment
compensation recipient during the first month that such
individual would otherwise cease to be an eligible
unemployment compensation recipient by reason of the
preceding sentence.
``(B) Coordination with other eligibility
categories.--An individual may not be treated as an
eligible unemployment compensation recipient during any
month with respect to which such individual is treated
as an eligible individual described in subparagraph
(A), (B), or (C) of paragraph (1).''.
(b) Conforming Amendments.--
(1) Section 35(e)(1)(J) of such Code is amended--
(A) in clause (ii), by striking ``or'' at the end;
(B) in clause (iii), by striking the period and
inserting ``, or''; and
(C) by adding at the end the following:
``(iv) in the case of an eligible
unemployment compensation recipient, the
benefit described in subsection (c)(5)(A).''.
(2) Section 7527(d) of such Code is amended--
(A) in paragraph (1), by striking ``or'' at the
end;
(B) in paragraph (2), by striking the period and
inserting ``, or''; and
(C) by adding at the end the following:
``(3) in the case of an eligible unemployment compensation
recipient (as defined in section 35(c)(5)), is certified by the
State agency administering the unemployment compensation law of
the State under which the recipient receives such
compensation.''.
(c) Technical Amendments.--Section 6103(p)(4) of such Code, as
amended by section 202(b)(2)(B) of the Trade Act of 2002 (Public Law
107-210; 116 Stat. 961), by striking ``or (17)'' after ``any other
person described in subsection (l)(16)'' each place it appears and
inserting ``or (18)''.
(d) Effective Dates.--
(1) In general.--Except as provided in paragraph (2), the
amendments made by this section shall apply to amounts paid for
qualified health insurance for months beginning with August
2003.
(2) Technical amendments.--The amendments made by
subsection (d) shall take effect as if included in the
enactment of section 202 of the Trade Act of 2002 (Public Law
107-210; 116 Stat. 960).
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