S. 505 — Introduced in Senate

II 114th CONGRESS 1st Session S. 505 IN THE SENATE OF THE UNITED STATES February 12, 2015 Mr. Portman (for himself and Mr. Brown) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to extend the Health Coverage Tax Credit. 1. Extension of Health Coverage Tax Credit (a) In general Subparagraph (B) of section 35(b)(1) of the Internal Revenue Code of 1986 is amended by striking January 1, 2014 and inserting January 1, 2020. (b) Effective date The amendment made by this section shall apply to coverage months beginning after December 31, 2013.