Summary: To amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults. (Cosponsors Partisan)
ANGIE CRAIG’S POSITION: Representative Craig Cosponsored the bill on 10/30/19.
STATUS: Introduced 10/30/19 by Rep. McEachin, A. Donald [D-VA-4].
INFORMATION RELATED TO THE BILL:
- “It is imperative that young Americans have affordable, comprehensive healthcare,” said Congressman McEachin. “Between soaring housing costs, crushing student debt, and job insecurity, young people often have a hard time affording adequate health insurance. I am re-introducing the AYE Act with Senator Baldwin to reduce healthcare costs so that millions more Americans, including individuals with chronic and pre-existing conditions, will be able to afford the high-quality healthcare plans they need. By incentivizing young adults to participate in the individual marketplace, the AYE Act will not only get more young people covered, but also help older enrollees by stabilizing the marketplaces and reducing premiums for everyone.” (Source: Rep. McEachin, 10/30/19)