1. Short title
This Act may be cited as the “Union Bailout Prevention Act of 2013”.
Union Bailout Prevention Act of 2013
A BILL
To limit the availability of tax credits and reductions in cost-sharing under the Patient Protection and Affordable Care Act to individuals who receive health insurance coverage pursuant to the provisions of a Taft-Hartley plan.
2. Limitation on subsidies for individuals in Taft-Hartley plans
In general— Notwithstanding any other provision of law, no premium tax credits shall be permitted under section 36B of the Internal Revenue Code of 1986 and no reductions in cost-sharing shall be permitted under section 1402 of the Patient Protection and Affordable Care Act (42 U.S.C. 18071) with respect to an individual for health insurance coverage provided pursuant to the terms of a collective bargaining agreement involving one or more employers.
Qualified plans— Section 1301(a) of the Patient Protection and Affordable Care Act (42 U.S.C. 18021(a)) is amended by adding at the end the following:
“(5) Taft-Hartley plans—The term qualified health plan shall not include health insurance coverage provided pursuant to the terms of a collective bargaining agreement involving one or more employers.”