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S.53
Summary:
Summary: S.53 [108th]
There is one summary of the bill.Shown Here:
Introduced in Senate (01/07/2003)
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Amends the Internal Revenue Code to allow small business employers a credit against income tax for employee health insurance expenses the employer pays or incurs.Sets forth formula for deriving amount of credit.Specifies that no amount paid or incurred for health insurance coverage pursuant to a salary reduction arrangement shall be taken into account for purposes of determining the credit.Limits such credit to expenses paid for employees whose total annual wages exceed $5,000 but not $25,000, indexed for inflation.
Major Actions:
Major Actions: H.R.53 [108th]
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01/07/2003
Introduced in House
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Amendments:
Amendments: H.R.53 [108th]
No amendment information was received for H.R.53 - Health Care Freedom of Choice Act.
Cosponsors:
Cosponsors: H.R.53 [108th]
No cosponsor information was received for H.R.53.
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