,,ii  #aac? ,,congress  #a/ ,session    
,s4 #acbe  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ah1 #bjac ,mr4  
,begi* 7= himself & ,ms4 ,l&rieu7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to modify ! small 
employ] heal? insurance cr$it1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,small ,bus9ess ,tax       
,cr$its ,improvem5t ,act4  #b4          
,modification ( small employ] heal?     
insurance cr$it  7a7 ,increase 9        
eligible bus9ess size  7#a7 ,9 g5]al    
,subp>agraph 7,a7 ( section #de,r7d77#a7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by /rik+ #be & ins]t+ #ej4  7#b7  
,phase\t am\nt ,p>agraph 7#a7 ( section 
#de,r7c7 ( su* ,code is am5d$--  7,a7 by
 /rik+ #aj & ins]t+ #bj1 &  7,b7 by     
/rik+ #ae & ins]t+ #cj4  7#c7 ,maximum  
av]age annual wages ,subp>agraph 7,b7 ( 
section #de,r7d77#c7 ( su* ,code is     
am5d$--  7,a7 by r$esignat+ clause 7ii7 

z clause 7iii71  7,b7 by /rik+ #bjac 9  
clause 7iii71 z s r$esignat$1 & ins]t+  
#bjad1  7,c7 by /rik+ #be1jjj 9 clause  
7iii71 z s r$esignat$1 & ins]t+ #cg1ejj1
  7,d7 by /rik+ cal5d> ye> #bjab 9      
clause 7iii71 z s r$esignat$1 & ins]t+  
cal5d> ye> #bjac1 &  7,e7 by ins]t+ aft]
 clause 7i7 ! foll[+ new clause3  7ii7  
#bjad ,! doll> am\nt 9 effect "u ?is    
p>agraph = taxable ye>s beg9n+ 9 #bjad  
is #cg1ejj4  4  7b7 ,elim9ation ( uni=m 
p]c5tage contribution requirem5t        
,p>agraph 7#d7 ( section #de,r7d7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ a uni=m p]c5tage 7n less ?an   
#ej p]c5t7 & ins]t+ at lea/ #ej p]c5t4  
7c7 ,elim9ation ( cap relat+ to av]age  
local premiums ,subsection 7b7 ( section
 #de,r ( ! ,int]nal ,rev5ue ,code (     
#aihf is am5d$ by /rik+ ! less] ( & all 
t foll[s & ins]t+ ! aggregate am\nt (   
nonelective contributions ! employ] made
 on behalf ( its employees dur+ !       
taxable ye> "u ! arrangem5t describ$ 9  
subsection 7d77#d7 = premiums = qualifi$

 heal? plans (f]$ by ! employ] to its   
employees ?r\gh an ,ex*ange44  7d7      
,cr$it availability = employee-,own]s & 
family memb]s 9 c]ta9 cases ,subp>agraph
 7,a7 ( section #de,r7e77#a7 ( !        
,int]nal ,rev5ue ,code ( #aihf is       
am5d$--  7#a7 by /rik+ ! p]iod at ! end 
& ins]t+ a comma1 &  7#b7 by add+ at !  
end ! foll[+ flu% text3  unless at lea/ 
#a full-"t equival5t employee :o is n   
describ$ 9 clause 7i71 7ii71 7iii71 or  
7iv7 = ! taxable ye> 0 employ$ by !     
employ] = at lea/ #f mon?s dur+ !       
taxable ye> 7or ! entire p]iod dur+ !   
taxable ye> t ! bus9ess 0 9 exi/5ce1 if 
%ort] ?an #f mon?s74 4  7e7 ,effective  
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft]  
,decemb] #ca1 #bjac4