S8-118

Introduced

To amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan, to improve cost-sharing subsidies under the Patient Protection and Affordable Care Act, and for other purposes.

118th Congress Introduced Jan 23, 2023

Summary

What This Bill Does

The bill requires increase in eligibility for credit Subparagraph (A) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent and provides enhancements for reduced cost-sharing Section 1402(c)(2) of the Patient Protection and Affordable Care Act (42 U.S.C. It relies on definition changes, compliance mandates, tax rate changes, and appropriations. The main policy areas are Regulated Industries.

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 and Regulated entities and members of the public affected by the bill would take on compliance duties.

Key Provisions

  • Requires increase in eligibility for credit Subparagraph (A) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent .
  • Provides enhancements for reduced cost-sharing Section 1402(c)(2) of the Patient Protection and Affordable Care Act (42 U.S.C.

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 increase in eligibility for credit Subparagraph (A) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent and provides enhancements for reduced cost-sharing Section 1402(c)(2) of the Patient Protection and Affordable Care Act (42 U.S.C.

Key Policy Areas

Regulated Industries

Primary Purpose

The bill requires increase in eligibility for credit Subparagraph (A) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent and provides enhancements for reduced cost-sharing Section 1402(c)(2) of the Patient Protection and Affordable Care Act (42 U.S.C.

Policy Domains

Regulated Industries

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Regulated entities and members of the public affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Regulated entities and members of the public affected by the bill: ,
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jan 23, 2023

Mrs. Shaheen (for herself, Mr. Blumenthal, Ms. Smith, Ms. Baldwin, …

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
Regulated Industries

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