A bill to amend the Internal Revenue Code of 1986 to allow a deduction for the payment of premiums for high deductible health plans, to allow a credit for certain employment taxes paid with respect to premiums for high deductible health plans and contributions to health savings accounts, and for other purposes.
Latest action · Apr 3, 2006 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 3, 2006
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to allow: (1) a tax deduction from gross income (available to taxpayers who do not itemize deductions) for insurance premiums for high deductible health plans; and (2) a tax credit for certain employment taxes related to premiums for high deductible health plans and contributions to health savings accounts.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from May 22, 2006 to Jun 20, 2006.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-VA | George Allen | May 22, 2006 | |
| R-GA | Johnny Isakson | Jun 20, 2006 |
Actions 4
Everything that happened, newest first.
- Apr 3, 2006Introduced in Senate
- Apr 3, 2006Read twice and referred to the Committee on Finance.
- Apr 3, 2006Sponsor introductory remarks on measure. (CR S2732)
- Apr 3, 2006Sponsor introductory remarks on measure. (text of measure as introduced: CR S2732-2733)
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 3, 2006Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.