To amend the Internal Revenue Code of 1986 to extend the health coverage tax credit.
Summary
What This Bill Does
The bill creates short title This Act may be cited as the Health Coverage Tax Credit Reauthorization Act of 2023 and creates extension of health coverage tax credit Section 35(b)(1)(B) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2022 and inserting before January 1, 2028. It relies on tax credits, compliance mandates, and definition changes. The main policy areas are Regulated Industries.
Who Benefits and How
Regulated entities and members of the public affected by the bill could gain revenue opportunities and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Creates short title This Act may be cited as the Health Coverage Tax Credit Reauthorization Act of 2023.
- Creates extension of health coverage tax credit Section 35(b)(1)(B) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2022 and inserting before January 1, 2028.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates short title This Act may be cited as the Health Coverage Tax Credit Reauthorization Act of 2023 and creates extension of health coverage tax credit Section 35(b)(1)(B) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2022 and inserting before January 1, 2028.
Key Policy Areas
Regulated Industries
Primary Purpose
The bill creates short title This Act may be cited as the Health Coverage Tax Credit Reauthorization Act of 2023 and creates extension of health coverage tax credit Section 35(b)(1)(B) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2022 and inserting before January 1, 2028.
Policy Domains
Whole bill
Identified Gains
- Regulated entities and members of the public affected by the bill
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedMr. Turner (for himself, Mr. Golden of Maine, Ms. Tenney, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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