Index for HR3962: Affordable Health Care for America Act

To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes.

Mr. Dingell (for himself, Mr. Rangel, Mr. Waxman, Mr. George Miller of California, Mr. Stark, Mr. Pallone, and Mr. Andrews) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and Labor, Oversight and Government Reform, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

(a) In general.—Section 139A of the Internal Revenue Code of 1986 is amended—

(1) by striking “Gross income” and inserting the following:

“(a) Federal subsidies for prescription drug plans.—Gross income”, and

(2) by adding at the end the following new subsection:

“(b) Federal reinsurance program for retirees.—A rule similar to the rule of subsection (a) shall apply with respect to payments made under section 111 of the Affordable Health Care for America Act.”.

(b) Conforming amendment.—The heading of section 139A of such Code (and the item relating to such section in the table of sections for part III of subchapter B of chapter 1 of such Code) is amended by inserting “and retiree health plans” after “prescription drug plans”.

(c) Effective date.—The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act.