S.221: A bill to amend the Internal Revenue Code of 1986 to extend the health insurance costs tax credit, and for other purposes.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 27, 2011
  • Latest Major Action Jan. 27, 2011

Bill Summary

Amends the Internal Revenue Code to extend through June 30, 2012, the increased 80% tax credit for health insurance costs (including advance payments) for trade adjustment assistance (TAA) and Pension Benefit Guaranty Corporation (PBGC) pension recipients. Makes TAA recipients who are in a break in training under a training program, or who are receiving unemployment compensation, eligible for such tax credit for the period through June 30,...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Jan. 27, 2011

Introduced in the Senate by Sherrod Brown (D-Ohio)

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