S.2245: Small Business Health Tax Credit Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced March 26, 2004
  • Latest Major Action July 14, 2004

Bill Summary

Small Business Health Tax Credit Act - Amends the Internal Revenue Code to allow small business employers (employers with between two and 50 employees) an income tax credit of between 30 to 50 percent (depending upon the number of employees) of the amount paid for employee health insurance, subject to a dollar limitation for each employee. Allows the employer to apply such credit against its minimum tax liability. Directs the Internal Revenue...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
Sponsor introductory remarks on measure.
March 26, 2004

Introduced in the Senate by Thomas A. Daschle (D-S.D.)

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