,,ii  #aad? ,,congress  #a/ ,session    
,s4 #ajje  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #af1 #bjae,mr4  
,wyd5 introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to ext5d & modify 
! cr$it = heal? insurance co/s ( c]ta9  
eligible individuals1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,heal? ,cov]age ,tax ,cr$it ,ext5sion 
,act ( #bjae4  #b4 ,ext5sion &          
modification ( ,heal? ,cov]age ,tax     
,cr$it  7a7 ,ext5sion ,subp>agraph 7,b7 
( section #ce7;b77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
be=e ,janu>y #a1 #bjad & ins]t+ be=e    
,janu>y #a1 #bjbj4  7b7 ,coord9ation )  
cr$it = cov]age "u a qualifi$ heal? plan
 ,subsection 7g7 ( section #ce ( !      
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7#a7 by r$esignat+ p>agraph     
7#aa7 z p>agraph 7#ac71 &  7#b7 by      
ins]t+ aft] p>agraph 7#aj7 ! foll[+ new 
p>agraphs3  7#aa7 ,election  7,a7 ,9    

g5]al ,a taxpay] may elect to h ?is     
section apply = any eligible cov]age    
mon?4  7,b7 ,tim+ & applicability (     
election ,except z ! ,secret>y may      
provide-- 7i7 an election to h ?is      
section apply = any eligible cov]age    
mon? 9 a taxable ye> %all be made n lat]
 ?an ! due date 7includ+ ext5sions7 = ! 
return ( tax = ! taxable ye>1 &  7ii7   
any election = ?is section to apply = an
 eligible cov]age mon? %all apply = all 
subsequ5t eligible cov]age mon?s 9 !    
taxable ye> &1 once made1 %all be       
irrevocable ) respect to su* mon?s4     
7#ab7 ,coord9ation ) premium tax cr$it  
7,a7 ,9 g5]al ,an eligible cov]age mon? 
to :i* ! election "u p>agraph 7#aa7     
applies %all n be treat$ z a cov]age    
mon? 7z def9$ 9 section #cf;,b7c77#b77 =
 purposes ( section #cf;,b ) respect to 
! taxpay]4  7,b7 ,coord9ation ) advance 
paym5ts ( premium tax cr$it ,9 ! case ( 
a taxpay] :o makes ! election "u        
p>agraph 7#aa7 ) respect to any eligible
 cov]age mon? 9 a taxable ye> or on     

behalf ( :om any advance paym5t is made 
"u section #gebg ) respect to any mon? 9
 su* taxable ye>--  7i7 ! tax impos$ by 
?is *apt] = ! taxable ye> %all be       
increas$ by ! excess1 if any1 (--  7,i7 
! sum ( any advance paym5ts made on     
behalf ( ! taxpay] "u section #adab ( ! 
,pati5t ,protection & ,af=dable ,c>e    
,act & section #gebg = mon?s dur+ su*   
taxable ye>1 ov]  7,,ii7 ! sum ( !      
cr$its all[$ "u ?is section 7det]m9$ )\t
 reg>d to p>agraph 7#a77 & section      
#cf;,b 7det]m9$ )\t reg>d to subsection 
7f77#a7 !re(7 = su* taxable ye>1 &  7ii7
 section #cf;,b7f77#b7 %all n apply )   
respect to su* taxpay] = su* taxable    
ye>1 except t if su* taxpay] receiv$ any
 advance paym5ts "u section #gebg = any 
mon? 9 su* taxable ye> & is lat] all[$ a
 cr$it "u section #cf;,b = su* taxable  
ye>1 !n section #cf;,b7f77#b7 %all be   
appli$ by sub/itut+ ! am\nt det]m9$ "u  
clause 7i7 = ! am\nt det]m9$ "u section 
#cf;,b7f77#b77;,a74  4  7c7 ,ext5sion ( 
advance paym5t program  7#a7 ,9 g5]al   

,subsection 7a7 ( section #gebg ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ ,augu/ #a1 #bjjc & ins]t+ !    
date t is #a ye> aft] ! date ( !        
enactm5t ( ! ,heal? ,cov]age ,tax ,cr$it
 ,ext5sion ,act ( #bjae4  7#b7 ,con=m+  
am5dm5t ,p>agraph 7#a7 ( section        
#gebg7;e7 ( su* ,code is am5d$ by /rik+ 
occurr+ & all t foll[s & ins]t+         
8occurr+--  7,a7 aft] ! date t is #a ye>
 aft] ! date ( ! enactm5t ( ! ,heal?    
,cov]age ,tax ,cr$it ,ext5sion ,act (   
#bjae1 &  7,b7 prior to ! fir/ mon? =   
:i* an advance paym5t is made on behalf 
( su* individual "u subsection 7a74  4  
7d7 ,individual insurance treat$ z      
qualifi$ heal? insurance )\t reg>d to   
enrollm5t date  7#a7 ,9 g5]al           
,subp>agraph 7,j7 ( section #ce7;e77#a7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ by /rik+ insurance if ! eligible  
individual & all t foll[s ?r\gh ,=      
purposes ( & ins]t+ insurance4 ,=       
purposes (4  7#b7 ,special rule         
,subp>agraph 7,j7 ( section #ce7;e77#a7 

( su* ,code1 z am5d$ by p>agraph 7#a71  
is am5d$ by /rik+ insurance4 & ins]t+   
insurance 7o!r ?an cov]age enroll$ 9    
?r\gh an ,ex*ange e/abli%$ "u ! ,pati5t 
,protection & ,af=dable ,c>e ,act744    
7e7 ,con=m+ am5dm5t ,subsection 7m7 (   
section #feja ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by ins]t+ 1           
#ce7;g77#aa7 aft] #cj;,d7e77#d74  7f7   
,effective date  7#a7 ,9 g5]al ,except z
 provid$ 9 p>agraph 7#b71 ! am5dm5ts    
made by ?is section %all apply to       
cov]age mon?s 9 taxable ye>s beg9n+ aft]
 ,decemb] #ca1 #bjac4  7#b7 ,plans      
available on individual m>ket = use (   
tax cr$it ,! am5dm5t made by subsection 
7d77#b7 %all apply to cov]age mon?s 9   
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjae4  7#c7 ,transition rule ,not)/&+  
section #ce7;g77#aa77;,b77i7 ( !        
,int]nal ,rev5ue ,code ( #aihf 7z add$  
by ?is ,act71 an election to apply      
section #ce ( su* ,code to an eligible  
cov]age mon? 7z def9$ 9 section #ce7;b7 
( su* ,code7 7& n to claim ! cr$it "u   

section #cf;,b ( su* ,code ) respect to 
su* mon?7 9 a taxable ye> beg9n+ aft]   
,decemb] #ca1 #bjac1 & be=e ! date ( !  
enactm5t ( ?is ,act--  7,a7 may be made 
at any "t on or aft] su* date ( enactm5t
 & be=e ! expiration ( ! #c-ye> p]iod ( 
limitation prescrib$ 9 section #feaa7;a7
 ) respect to su* taxable ye>2 &  7,b7  
may be made on an am5d$ return4  #c4    
,ag5cy outrea* ,z soon z possible aft] !
 date ( ! enactm5t ( ?is ,act1 !        
,secret>ies ( ! ,treasury1 ,heal? &     
,human ,s]vices1 & ,labor 7or su*       
,secret>ies' delegates7 & ! ,director ( 
! ,p5sion ,b5efit ,gu>anty ,corporation 
7or ! ,director's delegate7 %all c>ry   
out programs ( public outrea*1 includ+  
on ! ,int]net1 to in=m pot5tial eligible
 individuals 7z def9$ 9 section         
#ce7;c77#a7 ( ! ,int]nal ,rev5ue ,code (
 #aihf7 ( ! ext5sion ( ! cr$it "u       
section #ce ( ! ,int]nal ,rev5ue ,code (
 #aihf & ! availability ( ! election to 
claim su* cr$it retroactively = cov]age 
mon?s beg9n+ aft] ,decemb] #ca1 #bjac4