,,ii  ,cal5d> ,no4 #aeg #aaf? ,,congress
  #a/ ,session  ,h4 ,r4 #gdh  ,,9 ,,!   
,,s5ate ,,( ,,! ,,unit$ ,,/ates  ,july  
#ah1 #bjai,receiv$2 read ! fir/ "t      
,july #bb1 #bjai,read ! second "t &     
plac$ on ! cal5d>  ,,an ,,act  ,to am5d 
! ,int]nal ,rev5ue ,code ( #aihf to     
repeal ! excise tax on high co/         
employ]-sponsor$ heal? cov]age4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,middle ,class ,heal? ,b5efits ,tax     
,repeal ,act ( #bjai4  #b4 ,repeal (    
excise tax on high co/ employ]-sponsor$ 
heal? cov]age  7a7 ,9 g5]al ,*apt] #dc (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ by /rik+ section #dihj;,i4  7b7   
,con=m+ am5dm5ts  7#a7 ,section #fjea ( 
su* ,code is am5d$-- 7,a7 by /rik+      
section #dihj;,i7d77#a7 9 subsection    
7a77#ad7 & ins]t+ subsection 7g71 &     
7,b7 by add+ at ! end ! foll[+ new      
subsection3  7g7 ,applicable            
,employ]-,sponsor$ ,cov]age ,= purposes 
( subsection 7a77#ad7--  7#a7 ,9 g5]al  
,! t]m applicable employ]-sponsor$      

cov]age means1 ) respect to any         
employee1 cov]age "u any gr\p heal? plan
 made available to ! employee by an     
employ] :i* is excludable f ! employee's
 gross income "u section #ajf1 or w\ld  
be s excludable if x 7 employ]-provid$  
cov]age 7)9 ! mean+ ( su* section #ajf74
  7#b7 ,exceptions ,! t]m applicable    
employ]-sponsor$ cov]age %all n         
include-- 7,a7 any cov]age 7:e!r ?r\gh  
insurance or o!rwise7 describ$ 9 section
 #ihcb7;c77#a7 7o!r ?an subp>agraph 7,g7
 !re(7 or = long-t]m c>e1  7,b7 any     
cov]age "u a sep>ate policy1 c]tificate1
 or contract ( insurance :i* provides   
b5efits sub/antially all ( :i* are =    
treatm5t ( ! m\? 7includ+ any organ or  
/ructure )9 ! m\?7 or = treatm5t ( !    
eye1 or  7,c7 any cov]age describ$ 9    
section #ihcb7;c77#c7 ! paym5t = :i* is 
n excludable f gross income & = :i* a   
d$uction "u section #afb7l7 is n        
all[able4  7#c7 ,cov]age includes       
employee paid portion ,cov]age %all be  
treat$ z applicable employ]-sponsor$    

cov]age )\t reg>d to :e!r ! employ] or  
employee pays = ! cov]age4  7#d7        
,gov]nm5tal plans includ$ ,applicable   
employ]-sponsor$ cov]age %all include   
cov]age "u any gr\p heal? plan e/abli%$ 
& ma9ta9$ prim>ily = its civilian       
employees by ! ,gov]nm5t ( ! ,unit$     
,/ates1 by ! gov]nm5t ( any ,/ate or    
political subdivision !re(1 or by any   
ag5cy or in/rum5tality ( any su*        
gov]nm5t4  4  7#b7 ,section             
#ihca7;d77#a7 ( su* ,code is am5d$ by   
/rik+ 8except z provid$ 9 section       
#dihj;,i7f77#d704  7#c7 ,! table (      
sections = *apt] #dc ( su* ,code is     
am5d$ by /rik+ ! item relat+ to section 
#dihj;,i4  7c7 ,effective date ,!       
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjai4  #c4 ,budget>y effects  7a7 
,/atutory ,,paygo scorec>ds ,! budget>y 
effects ( ?is ,act %all n be ent]$ on   
ei!r ,,paygo scorec>d ma9ta9$ pursuant  
to section #d7;d7 ( ! ,/atutory         
,pay-,z-,y-,g ,act ( #bjaj4  7b7 ,s5ate 

,,paygo scorec>ds ,! budget>y effects ( 
?is ,act %all n be ent]$ on any ,,paygo 
scorec>d ma9ta9$ = purposes ( section   
#dajf ( ,h4 ,con4 ,res4 #ga 7#aae?      
,congress74  ,pass$ ! ,h\se (           
,repres5tatives ,july #ag1 #bjai4;,*]yl 
,l4 ,johnson1,cl]k  ,july #bb1          
#bjai,read ! second "t & plac$ on !     
cal5d>