S. 1307 — Introduced in Senate

II 115th CONGRESS 1st Session S. 1307 IN THE SENATE OF THE UNITED STATES June 7, 2017 Mrs. Feinstein (for herself, Ms. Hassan, Ms. Warren, Ms. Harris, Ms. Baldwin, Mr. Leahy, and Mrs. Gillibrand) 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 expand eligibility to receive refundable tax credits for coverage under a qualified health plan. 1. Short title This Act may be cited as the Affordable Health Insurance for the Middle Class Act. 2. Expansion of eligibility for refundable credits for coverage under qualified health plans (a) In general Section 36B(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent. (b) Conforming amendment The table in section 36B(b)(3)(A)(i) of the Internal Revenue Code of 1986 is amended by striking up to 400% and inserting or higher. (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.