Summary: H.R.3620 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3620. Bill summaries are authored by CRS.

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Introduced in House (07/28/2017)

Affordable Coverage for More Americans Act of 2017

This bill amends the Internal Revenue Code, with respect to the health care premium assistance refundable tax credit, to: (1) expand eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the year does not exceed 600% of the federal poverty line (currently 400%), (2) specify the applicable premium percentages for the credit for taxpayers with incomes that are from 400% to 600% of the federal poverty line, and (3) specify the dollar limitations for the recapture of excess advance payments of the credit from such taxpayers.