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H.R. 4723 — what changed

Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act

From Introduced in House to Reported in House. 1 section amended between Introduced in House and Reported in House.

Sec. 2 Recovery of improper overpayments resulting from certain Federally subsidized health insurance

(a)
In general— Section 36B(f)(2) of the Internal Revenue Code of 1986 is amended by striking subparagraph (B).
(b)
Conforming amendments—
(1)
Clause (ii) of section 35(g)(12)(B) of such Code is amended by striking “, except that” and all that follows and inserting a period.
(2)
So much of paragraph (2) of section 36B(f) of such Code as precedes “advance payments” is amended to read as follows:

“(2) Excess advance payments—If the”

(c)
changed Effective date— The amendments made by this subsection section shall apply to taxable years beginning after December 31, 2016.