Bill Sponsor
House Bill 369
117th Congress(2021-2022)
Health Care Affordability Act of 2021
Introduced
Introduced
Introduced in House on Jan 19, 2021
Overview
Text
Introduced in House 
Jan 19, 2021
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Introduced in House(Jan 19, 2021)
Jan 19, 2021
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 369 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 369


To amend the Internal Revenue Code of 1986 to improve affordability and reduce premium costs of health insurance for consumers.


IN THE HOUSE OF REPRESENTATIVES

January 19, 2021

Ms. Underwood (for herself, Mr. O'Halleran, Mr. Gomez, Ms. Clarke of New York, Ms. Sewell, Mrs. McBath, Ms. McCollum, Ms. Barragán, Mr. Lawson of Florida, Ms. Porter, Mr. Payne, Mr. Ryan, Ms. DeLauro, Mr. Deutch, and Ms. Scanlon) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to improve affordability and reduce premium costs of health insurance for consumers.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Health Care Affordability Act of 2021”.

SEC. 2. Improve affordability and reduce premium costs of health insurance for consumers.

(a) In general.—Section 36B(b)(3)(A) of the Internal Revenue Code of 1986 is amended to read as follows:

“(A) APPLICABLE PERCENTAGE.—The applicable percentage for any taxable year shall be the percentage such that the applicable percentage for any taxpayer whose household income is within an income tier specified in the following table shall increase, on a sliding scale in a linear manner, from the initial premium percentage to the final premium percentage specified in such table for such income tier:


“In the case of household income (expressed as a percent of poverty line) within the following income tier:The initial premiumpercentage is—The final premium percentage is—
Up to 150.0 percent0.00.0
150.0 percent up to 200.0 percent0.03.0
200.0 percent up to 250.0 percent3.04.0
250.0 percent up to 300.0 percent4.06.0
300.0 percent up to 400.0 percent6.08.5
400.0 percent and higher8.58.5”.

(b) Conforming amendment.—Section 36B(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking “but does not exceed 400 percent”.

(c) Effective date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2021.