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Streamlining Health Insurance Reporting and Tax Credit Verification

This act aims to simplify how companies report health insurance information for employees. It introduces a voluntary prospective reporting system that could reduce administrative burdens for employers. Additionally, the act improves the process for verifying eligibility for health insurance tax credits, which may help citizens receive due support.
Key points
Companies can voluntarily report health insurance data in advance, potentially simplifying their obligations.
Easier verification of eligibility for health insurance tax credits for citizens.
Employers gain more time to appeal penalties related to health insurance.
Option to receive health insurance documents electronically if prior consent was given.
Increased privacy protection for personal data (tax identification numbers) of insured individuals other than the primary insured.
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Expired
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Additional Information
Print number: 118_HR_1264
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2023-02-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Commonsense Reporting Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1264.

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 2023-02-28.

What are the main provisions?

Key points include:

  • Companies can voluntarily report health insurance data in advance, potentially simplifying their obligations.
  • Easier verification of eligibility for health insurance tax credits for citizens.
  • Employers gain more time to appeal penalties related to health insurance.
  • Option to receive health insurance documents electronically if prior consent was given.
  • Increased privacy protection for personal data (tax identification numbers) of insured individuals other than the primary insured.
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. Smith, Adrian [R-NE-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Health Taxes Labor