Healthcare Tax Relief for the Uninsured Act of 2005
Last action on May 9, 2005Read twice and referred to the Committee on Finance.
Take Action
Summary
Healthcare Tax Relief for the Uninsured Act of 2005 - Amends the Internal Revenue Code to allow: (1) a tax deduction for high deductible health plan premiums; (2) small employers (100 or fewer employees) a refundable tax credit for contributions to a health savings account of an employee who is covered by a high deductible health plan; and (3) a refundable tax credit for certain health insurance costs of uninsured taxpayers and their spouses and dependents.
Directs the Secretary of the Treasury to establish a program for making advance payments of tax credit amounts for uninsured individuals to health insurance providers.
Lifecycle of the Bill
No events recorded for this stage yet.
