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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 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.

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