S. 2270 · 109th Congress
Health Care COBRA OffSet Tax Savings Act of 2006
- Stage
- In committee
- Sponsor
- Bob Menendez
- Introduced
- 2006-02-09
- Latest action
- 2006-02-09 · Introduced in Senate
Summary
Health Care COBRA OffSet Tax Savings Act of 2006 or the Health Care COSTS Act of 2006 - Amends the Internal Revenue Code to allow certain individual taxpayers a refundable tax credit for 50% of the premium for COBRA continuation coverage under a group health plan. Requires notice of the availability of this tax credit to individuals entitled to COBRA continuation coverage.