Improving Health Insurance Affordability Act of 2023

Senate Bill 8 - Improving Health Insurance Affordability Act of 2023: Overview, Status, and Impact

Hozzl · 2024-03-12T06:56:45Z

Explore the details of Senate Bill 8 Improving Health Insurance Affordability Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

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

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.