H.R. 5258

Affordable Health Insurance for the Middle Class Act

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I

115th CONGRESS

2d Session

H. R. 5258

IN THE HOUSE OF REPRESENTATIVES

March 13, 2018

Mr. DeSaulnier 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 eligibility to receive refundable tax credits for coverage under a qualified health plan.

1.

Short title

This Act may be cited as the Affordable Health Insurance for the Middle Class Act.

2.

Expansion of eligibility for refundable credits for coverage under qualified health plans

(a)

In general

Section 36B(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent.

(b)

Conforming amendment

The table in section 36B(b)(3)(A)(i) of the Internal Revenue Code of 1986 is amended by striking up to 400% and inserting or higher.

(c)

Effective date

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.