H.R. 4723 · 114th Congress
Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act
- Stage
- Reported from committee
- Sponsor
- Lynn Jenkins
- Introduced
- 2016-03-10
- Latest action
- 2016-03-23 · Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-475.
Summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act
(Sec. 2) This bill amends the Internal Revenue Code to eliminate the limitation on the increase in tax imposed upon certain low-income families for advance payments of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit.