The health care plan
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OFFICIAL TITLE AS INTRODUCED:
Service Members Home Ownership Tax Act of 2009
OFFICIAL DESCRIPTION AS INTRODUCED:
To amend the Internal Revenue Code of 1986 to modify the first-time homebuyers credit in the case of members of the Armed Forces and certain other Federal employees, and for other purposes.
OFFICIAL TITLE EVENTUALLY AMENDED BY SENATE:
An act entitled The Patient Protection and Affordable Care Act.
Here are some sections where the IRS is involved:
(Sec. 1401, as modified by section 10105) Amends the Internal Revenue Code to allow individual taxpayers whose household income equals or exceeds 100%, but does not exceed 400%, of the federal poverty line (as determined in the Social Security Act [SSA]) a refundable tax credit for a percentage of the cost of premiums for coverage under a qualified health plan. Sets forth formulae and rules for the calculation of credit amounts based upon taxpayer household income as a percentage of the poverty line.
(Sec. 1502) Requires providers of minimum essential coverage to file informational returns providing identifying information of covered individuals and the dates of coverage. Requires the IRS to send a notice to taxpayers who are not enrolled in minimum essential coverage about services available through the Exchange operating in their state.
(Sec. 3308) Requires part D enrollees who exceed certain income thresholds to pay higher premiums. Revises the current authority of the IRS to disclose income information to the Social Security Administration for purposes of adjusting the part B subsidy.
(Sec. 9001, as modified by section 10901) Amends the Internal Revenue Code to impose an excise tax of 40% of the excess benefit from certain high cost employer-sponsored health coverage. Deems any amount which exceeds payment of $8,500 for an employee self-only coverage plan and $23,000 for employees with other than self-only coverage (family plans) as an excess benefit. Increases such amounts for certain retirees and employees who are engaged in high-risk professions (e.g., law enforcement officers, emergency medical first responders, or longshoremen). Imposes a penalty on employers and coverage providers for failure to calculate the proper amount of an excess benefit.
(Sec. 9002) Requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer-sponsored group health coverage that is excludable from the employee's gross income (excluding the value of contributions to flexible spending arrangements).
(Sec. 10907) Amends the Internal Revenue Code to impose a 10% excise tax on any amount paid for indoor tanning services on or after July 1, 2010. Exempts phototherapy services performed by a licensed medical professional from the definition of "indoor tanning services."
There are 7 versions of Bill Number H.R.3590 for the 111th Congress
1 . Service Members Home Ownership Tax Act of 2009 (Introduced in House)
2 . Service Members Home Ownership Tax Act of 2009 (Engrossed as Agreed to or Passed by House)
3 . Service Members Home Ownership Tax Act of 2009 (Placed on Calendar in Senate)
4 . Patient Protection and Affordable Care Act (Amendment in Senate)
5 . Patient Protection and Affordable Care Act (Public Print)
6 . Patient Protection and Affordable Care Act (Engrossed Amendment as Agreed to by Senate)
7 . Patient Protection and Affordable Care Act (Enrolled as Agreed to or Passed by Both House and Senate)
Here is the Index to the full text of H.R. 3590
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The House health care bill,
is devoted to amending the Internal Revenue Code of 1986
in order to give the IRS the authority
to perform these new duties.
Here is the full text of H.R. 3200
Makes mention of the Internal Revenue Code and the Commisioner many times.
Use the "Find" feature of your browser to find words like "Internal" or "Commissioner."
Those terms are related to the powers given to the IRS.
See what the Washington Examiner has to say
Since The Twenty-fourth day of the Third month
anno Domini Two thousand ten
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