Keeping Promises to Taxpayers Act of 2012
Latest action · Feb 16, 2012 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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.
- IntroducedFeb 16, 2012
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Keeping Promises to Taxpayers Act of 2012 - Amends the Internal Revenue Code and the Patient Protection and Affordable Care Act to repeal certain health care-related taxes and other provisions, including: (1) the requirement that certain employers provide their employees with health insurance coverage and report on such coverage, (2) the excise tax on excess benefits from employer-sponsored health care coverage, (3) the requirement that distributions from a health savings account be used to pay for prescription drugs and insulin only (thus allowing for payment of over-the-counter medications), (4) the increase (from 7.5% to 10%) in the income threshold for the medical expense tax deduction, (5) the $2,500 limitation on contributions to health flexible spending arrangements, (6) the annual fees required for businesses providing health insurance and manufacturers or importers of branded prescription drugs, (7) the Patient-Centered Outcomes Research Trust Fund, (8) the fee imposed on insured and self-insured health plans, (9) the excise taxes on medical device manufacturers and importers and on indoor tanning services, (10) the increase (from 10% to 20%) in the penalty for distributions from health savings accounts and Archer medical savings accounts not used for qualified medical expenses, and (11) the increase in the tobacco production excise tax.
Cosponsors 16
Members who signed on, in the order they did. Signatures ran from Feb 16, 2012 to Feb 28, 2012; 14 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Bill Flores | Original | Feb 16, 2012 |
| R-TN | David P. Roe | Original | Feb 16, 2012 |
| R-AZ | David Schweikert | Original | Feb 16, 2012 |
| R-TX | Francisco "Quico" Canseco | Original | Feb 16, 2012 |
| R-SC | Jeff Duncan | Original | Feb 16, 2012 |
| R-IL | Joe Walsh | Original | Feb 16, 2012 |
| R-SC | Joe Wilson | Original | Feb 16, 2012 |
| R-TX | Kenny Marchant | Original | Feb 16, 2012 |
| R-KS | Kevin Yoder | Original | Feb 16, 2012 |
| R-GA | Lynn A. Westmoreland | Original | Feb 16, 2012 |
| R-GA | Paul C. Broun | Original | Feb 16, 2012 |
| R-TN | Stephen Lee Fincher | Original | Feb 16, 2012 |
| R-KS | Tim Huelskamp | Original | Feb 16, 2012 |
| R-GA | Tom Graves | Original | Feb 16, 2012 |
| R-FL | Jeff Miller | Feb 28, 2012 | |
| R-SC | Trey Gowdy | Feb 28, 2012 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Feb 16, 2012 |
| House | Energy and Commerce Committee | Referred Feb 16, 2012 |
Actions 2
Everything that happened, newest first.
- Feb 16, 2012Introduced in House
- Feb 16, 2012Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H902.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to repeal certain tax increases.
- Short Titles as Introduced
- Keeping Promises to Taxpayers Act of 2012
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Comprehensive health care
- Drug, alcohol, tobacco use
- Employee benefits and pensions
- Government trust funds
- Health care costs and insurance
- Health care coverage and access
- Health technology, devices, supplies
- Income tax exclusion
- Medical research
- Prescription drugs
- Sales and excise taxes
- Service industries
- Taxation
- User charges and fees
Text 1
Each version as it was printed, newest first.
- Feb 16, 2012Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
