S.172 - Health Insurance Tax Relief Act of 2019116th Congress (2019-2020) |
|Sponsor:||Sen. Gardner, Cory [R-CO] (Introduced 01/16/2019)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 01/16/2019 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.172 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (01/16/2019)
Health Insurance Tax Relief Act of 2019
This bill delays reimposition of the annual fee on health insurers until 2022.
Under current law, the annual fee for a health insurer is calculated based on the insurer's share of total premiums from the preceding year. The fee is suspended for 2019 (i.e., there is no fee based on premiums from 2018); reimposition is scheduled for 2020.