OFFICIAL LEGAL TITLE
To amend the Internal Revenue Code of 1986 to provide for the application of the premium tax credit in the case of certain individuals who are unemployed during 2021.
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_HR_942.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2021-02-08.
What are the main provisions?
Key points include:
- Unemployed individuals in 2021 may receive a larger tax credit for health insurance premiums.
- Household income above 133% of the poverty line will not be considered when calculating this credit for the unemployed.
- To qualify, proof of unemployment compensation receipt will be required.
- The changes apply to taxable years beginning after December 31, 2020.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. McBath, Lucy [D-GA-6].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on Ways and Means.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.