S. 1487 · 113th Congress
Union Bailout Prevention Act of 2013
- Stage
- In committee
- Sponsor
- John Thune
- Introduced
- 2013-09-09
- Latest action
- 2013-09-09 · Introduced in Senate
Summary
Union Bailout Prevention Act of 2013 - Declares that no refundable premium assistance tax credits (subsidies) for coverage under a qualified health plan under the Internal Revenue Code, or reductions in cost-sharing under the Patient Protection and Affordable Care Act (PPACA), shall be permitted with respect to an individual for health insurance coverage provided pursuant to a collective bargaining agreement involving one or more employers (Taft-Hartley plan).
Amends PPACA to exclude Taft-Hartley plans from the meaning of "qualified health plan."