Sec. 2. Modification of small employer health insurance credit
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Subparagraph
(A)of section 45R(d)(1) of the Internal Revenue Code of 1986 is amended by striking 25 and inserting 50 . Paragraph
(1)of section 45R(c) of such Code is amended by striking 10 and inserting 20 . Subparagraph
(B)of section 45R(d)(3) of such Code is amended— by redesignating clause
(ii)as clause (iii), by striking 2013 in clause (iii), as so redesignated, and inserting 2014 , by striking $25,000 in clause (iii), as so redesignated, and inserting $35,000 , by striking calendar year 2012 in clause (iii), as so redesignated, and inserting calendar year 2013 , and by inserting after clause
(i)the following new clause: The dollar amount in effect under this paragraph for taxable years beginning in 2014 is $35,000. . Paragraph
(4)of section 45R(d) of the Internal Revenue Code of 1986 is amended by striking a uniform percentage (not less than 50 percent) and inserting at least 50 percent . Subsection
(b)of section 45R of the Internal Revenue Code of 1986 is amended by striking the lesser of and all that follows and inserting the aggregate amount of nonelective contributions the employer made on behalf of its employees during the taxable year under the arrangement described in subsection (d)(4) for premiums for qualified health plans offered by the employer to its employees through an Exchange. . Section 45R(e)(2) of the Internal Revenue Code of 1986 is amended by striking 2-consecutive-taxable year period and inserting 3-consecutive-taxable year period . Section 45R(e) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: Health insurance providing the essential health benefits specified in section 1302(b)(1) of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18022(b)(1) ) through a plan not offered through an Exchange shall be treated as a qualified health plan offered through an Exchange. . The amendments made by this section shall apply to taxable years beginning after December 31, 2013.
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Sec. 2
Modification of small employer health insurance credit
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