Code · BILL · 116th Congress · S. 3555 (Introduced in Senate) — To expand the trade adjustment assistance for workers program, and for other purposes. · Sec. 301

Sec. 301. Extension of credit for health insurance costs

90 words·~1 min read·/bill/116/s/3555/is/section-301

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Subparagraph

(B)of section 35(b)(1) of the Internal Revenue Code of 1986 is amended by striking January 1, 2020 and inserting January 1, 2027 . Subsection

(a)of section 35 of the Internal Revenue Code of 1986 is amended by striking 72.5 percent and inserting 80 percent . Subsections

(b)and (e)(1) of section 7527 of the Internal Revenue Code of 1986 are each amended by striking 72.5 percent and inserting 80 percent . The amendments made by this section shall apply to coverage months beginning after December 31, 2019.