H.R. 322House109th Congress (2005-2007)In Committee

Military Retiree Health Care Relief Act of 2005

Introduced January 25, 2005

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Referred to the House Committee on Ways and Means.

January 25, 2005

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HouseIntro Referral

Introduced in House

January 25, 2005

HouseIntro Referral

Referred to the House Committee on Ways and Means.

January 25, 2005

Floor Debate

1 member

What members said about H.R. 322 on the floor

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Carolyn B. Maloney
Rep. Carolyn B. MaloneyD-NY-14 · Jul 20, 2005

Madam Speaker, I rise to commemorate the 31st anniversary of the 1974 illegal Turkish invasion of Cyprus. I have commemorated this day each year since I became a Member of Congress. PSEKA, the…

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Introduced in HouseIssued January 25, 2005

I

109th CONGRESS

1st Session

H. R. 322

IN THE HOUSE OF REPRESENTATIVES

January 25, 2005

Mrs. Emerson 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 allow a refundable credit to military retirees for premiums paid for coverage under Medicare Part B.

1.

Short title

This Act may be cited as the Military Retiree Health Care Relief Act of 2005.

2.

Premiums paid by military retirees for Medicare part b

(a)

In general

Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to refundable credits) is amended by redesignating section 36 as section 37 and by inserting after section 35 the following new section:

36.

Premiums paid by military retirees for Medicare part b

(a)

Allowance of credit

In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the aggregate premiums paid under section 1840 of the Social Security Act by the taxpayer during the taxable year for enrollment of the eligible individual under part B of title XVIII of such Act.

(b)

Eligible individual

For purposes of subsection (a), the term eligible individual means—

(1)

an individual who is entitled to retired or retainer pay based upon service in the uniformed services (as defined in section 101 of title 10, United States Code),

(2)

the spouse (as determined under section 7703) of an individual described in paragraph (1), and

(3)

the widow or widower, as the case may be, of an individual described in paragraph (1).

.

(b)

Technical amendments

(1)

Paragraph (2) of section 1324(b) of title 31, United States Code, is amended by inserting or from section 36 of such Code before the period at the end.

(2)

The table of sections for subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking the last item and inserting the following new items:

Sec. 36. Premiums paid by military retirees for medicare part B

Sec. 37. Overpayments of tax

.

(c)

Effective date

(1)

In general

The amendments made by this section shall apply to expenses incurred after December 31, 1998.

(2)

Waiver of limitations

If the credit or refund of any overpayment of tax resulting from the application of section 36 of the Internal Revenue Code of 1986 (as added by this section) to a period before the date of enactment of this Act is prevented as of such date by the operation of any law or rule of law (including res judicata), such credit or refund may nevertheless be allowed or made if the claim therefor is filed before the close of the 1-year period beginning on the date of the enactment of this Act.