To amend the Social Security Act and the Internal Revenue Code of 1986 to include net investment income tax imposed in the Federal Hospital Insurance Trust Fund and to modify the net investment income tax.
Summary
What This Bill Does
The bill requires inclusion of net investment income tax in Hospital Insurance Trust Fund Section 1817(a) of the Social Security Act (42 U.S.C and requires application of net investment income tax to trade or business income of certain high income individuals Section 1411 of the Internal Revenue Code of 1986 is amended by adding at the end the following new. It relies on definition changes, tax rate changes, compliance mandates, and reporting requirements. The main policy areas are Healthcare Consumers, Healthcare, Finance, and Environment.
Who Benefits and How
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, Patients and health care consumers affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Requires inclusion of net investment income tax in Hospital Insurance Trust Fund Section 1817(a) of the Social Security Act (42 U.S.C.
- Requires application of net investment income tax to trade or business income of certain high income individuals Section 1411 of the Internal Revenue Code of 1986 is amended by adding at the end the following new...
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 requires inclusion of net investment income tax in Hospital Insurance Trust Fund Section 1817(a) of the Social Security Act (42 U.S.C and requires application of net investment income tax to trade or business income of certain high income individuals Section 1411 of the Internal Revenue Code of 1986 is amended by adding at the end the following new.
Key Policy Areas
Healthcare Consumers, Healthcare, Finance, Environment
Primary Purpose
The bill requires inclusion of net investment income tax in Hospital Insurance Trust Fund Section 1817(a) of the Social Security Act (42 U.S.C and requires application of net investment income tax to trade or business income of certain high income individuals Section 1411 of the Internal Revenue Code of 1986 is amended by adding at the end the following new.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Patients and health care consumers affected by the bill
- Environmental and public health interests affected by the bill
- Businesses and employers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Doggett (for himself, Ms. Barragán, Mr. Blumenauer, Mr. Boyle …
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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