Senate Bill 8 - Improving Health Insurance Affordability Act of 2023

Purpose and Summary

Chamber: Senate

Introduced date: 2023-01-23

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

Improving Health Insurance Affordability Act of 2023

Improving Health Insurance Affordability Act of 2023

A bill to amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan, to improve cost-sharing subsidies under the Patient Protection and Affordable Care Act, and for other purposes.

Associated Legislation

Health Care Affordability Act of 2023

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Shaheen, Jeanne [D-NH]

Cosponsors and Supporters

Sen. Blumenthal, Richard [D-CT]

Sen. Smith, Tina [D-MN]

Sen. Baldwin, Tammy [D-WI]

Sen. Kaine, Tim [D-VA]

Sen. Reed, Jack [D-RI]

Sen. Casey, Robert P., Jr. [D-PA]

Sen. Stabenow, Debbie [D-MI]

Sen. Klobuchar, Amy [D-MN]

Sen. Cardin, Benjamin L. [D-MD]

Sen. Hassan, Margaret Wood [D-NH]

Sen. Bennet, Michael F. [D-CO]

Sen. Cortez Masto, Catherine [D-NV]

Sen. Gillibrand, Kirsten E. [D-NY]

Sen. Rosen, Jacky [D-NV]

Sen. Butler, Laphonza R. [D-CA]

Committees and Subcommittees

Finance Committee

Variations and Revisions

Kirsten E. GillibrandHealth Care Affordability Act of 2023

Improving Health Insurance Affordability Act of 2023

3/12/2024, 6:56 AM

Improving Health Insurance Affordability Act of 2023

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Pa...

Congress
118

Number
S - 8

Introduced on
2023-01-23

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/23/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Improving Health Insurance Affordability Act of 2023

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Pa...

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan, to improve cost-sharing subsidies under the Patient Protection and Affordable Care Act, and for other purposes.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary1/31/2023

Improving Health Insurance Affordability Act of 2023

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Pa...


Latest Action1/23/2023
Read twice and referred to the Committee on Finance.