HR3912-118

Introduced

To amend the Internal Revenue Code of 1986 to make the health coverage tax credit permanent.

118th Congress Introduced Jun 7, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to make the health coverage tax credit permanent., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Healthcare, Foreign Policy.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H12E0A574651D4326ABC612B6DA7BE2E6: 1. Short title This Act may be cited as the Bob von Schwedler Permanent Health Coverage Tax Credit Expansion Act.
  • Section H54D2A0D8568C45938D03079520354D55: 2. Permanent credit for health insurance costs Section 35(b)(1) of the Internal Revenue Code of 1986 is amended to read as follows: (1)In generalThe term...

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

This bill, To amend the Internal Revenue Code of 1986 to make the health coverage tax credit permanent., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Healthcare, Foreign Policy

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to make the health coverage tax credit permanent., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Healthcare Foreign Policy

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 7, 2023

Mr. Kildee (for himself, Mr. Blumenauer, Ms. Slotkin, Ms. Sewell, …

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?

Domains
Finance Healthcare Foreign Policy
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative 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.

Learn more about our methodology