SIMPLE Fairness Act

Hozzl · 2024-03-14T12:48:51Z

Explore the details of House Bill 4118 SIMPLE Fairness Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

3/14/2024, 12:48 PM

Congressional Summary of HR 4118

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Suspending the Individual Mandate Penalty Law Equals Fairness Act or the SIMPLE Fairness Act - Amends the Internal Revenue Code to delay until 2015 the imposition of the monthly penalty amount on individual taxpayers for failure to purchase minimum essential health care coverage.

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Current Status of Bill HR 4118

Bill HR 4118 is currently in the status of Bill Introduced since February 28, 2014. Bill HR 4118 was introduced during Congress 113 and was introduced to the House on February 28, 2014. Bill HR 4118's most recent activity was Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 319. as of March 10, 2014

Bipartisan Support of Bill HR 4118

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4118

Primary Policy Focus

Taxation

Potential Impact Areas

- Comprehensive health care

- Health care costs and insurance

- Health care coverage and access

- Sales and excise taxes

- Tax administration and collection, taxpayers

Alternate Title(s) of Bill HR 4118

SIMPLE Fairness Act

To amend the Internal Revenue Code of 1986 to delay the implementation of the penalty for failure to comply with the individual health insurance mandate.

SIMPLE Fairness Act

Suspending the Individual Mandate Penalty Law Equals Fairness Act

SIMPLE Fairness Act

Suspending the Individual Mandate Penalty Law Equals Fairness Act