A bill to amend the Internal Revenue Code of 1986 to extend the Health Coverage Tax Credit.

II 116TH CONGRESS 1ST SESSION S. 2414 To amend the Internal Revenue Code of 1986 to extend the Health Coverage Tax Credit. IN THE SENATE OF THE UNITED STATES AUGUST 1, 2019 Mr. PORTMAN (for himself, Mr. BROWN, and Mr. CASEY) 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. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. EXTENSION OF HEALTH COVERAGE TAX CRED- 3 IT. 4 (a) IN GENERAL.—Subparagraph (B) of section 5 35(b)(1) of the Internal Revenue Code of 1986 is amended 6 by striking ‘‘January 1, 2020’’ and inserting ‘‘January 1, 7 2025’’. 8 VerDate Sep 11 2014 01:12 Aug 09, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S2414.IS S2414 kjohnson on DSK79L0C42 with BILLS 2 •S 2414 IS (b) EFFECTIVE DATE.—The amendment made by 1 this section shall apply to coverage months beginning after 2 December 31, 2019. 3 Æ VerDate Sep 11 2014 01:12 Aug 09, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S2414.IS S2414 kjohnson on DSK79L0C42 with BILLS