Sec. 101601. Permanent credit for health insurance costs
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/bill/117/hr/4521/pcs/section-101601A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subparagraph
(B)of section 35(b)(1) of the Internal Revenue Code of 1986 is amended by striking , and before January 1, 2022 and inserting a period. 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, 2021.