Helping Entrepreneurs Lower Prices Act of 2014 - Amends the Internal Revenue Code to revise the definition of "eligible small employer," for purposes of the small employer health insurance tax credit, to mean an employer who has not more than 50 (currently, 25) full-time employees for a taxable year.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4132 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 4132
To amend the Internal Revenue Code of 1986 to expand the size of
employers eligible for the credit for employee health insurance
expenses of small employers.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 28, 2014
Mr. Murphy of Florida (for himself, Mr. Peters of California, Mr.
Garcia, Mr. Delaney, and Ms. Sinema) introduced the following bill;
which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to expand the size of
employers eligible for the credit for employee health insurance
expenses of small employers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Helping Entrepreneurs Lower Prices
Act of 2014''.
SEC. 2. EXPANSION OF EMPLOYERS ELIGIBLE FOR TAX CREDIT FOR EMPLOYEE
HEALTH INSURANCE EXPENSES OF SMALL EMPLOYERS.
(a) In General.--Section 45R(d)(1)(A) of the Internal Revenue Code
of 1986 is amended by striking ``25'' and inserting ``50''.
(b) Effective Date.--The amendment made by subsection (a) shall
apply to taxable years beginning after December 31, 2014.
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Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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