Improving Health Insurance Affordability Act of 2023

3/12/2024, 6:56 AM

Congressional Summary of S 8

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 Patient Protection and Affordable Care Act.

Current Status of Bill S 8

Bill S 8 is currently in the status of Bill Introduced since January 23, 2023. Bill S 8 was introduced during Congress 118 and was introduced to the Senate on January 23, 2023.  Bill S 8's most recent activity was Read twice and referred to the Committee on Finance. as of January 23, 2023

Bipartisan Support of Bill S 8

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
15
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 8

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 8

Improving Health Insurance Affordability Act of 2023Improving Health Insurance Affordability Act of 2023A 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.
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