Health Care COSTS Act of 2005
Last action on Mar 24, 2006Referred to the Subcommittee on Employer-Employee Relations.
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Summary
Health Care COBRA OffSet Tax Savings Act of 2005 or the Health Care COSTS Act of 2005 - Amends the Internal Revenue Code to allow certain individual taxpayers a refundable tax credit for 50% of the premium for COBRA continuation coverage under a group health plan. Requires notice of the availability of this tax credit to individuals entitled to COBRA continuation coverage.
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