1. Short title
This Act may be cited as the “Obamacare Opt-Out Act of 2015”.
Obamacare Opt-Out Act of 2015
A BILL
To establish a certification process for opting out of the individual health insurance mandate.
2. Health insurance mandate opt-out
Obtaining exemption— Notwithstanding any other provision of law, an applicable individual (as defined in subsection (d) of section 5000A of the Internal Revenue Code of 1986) desiring an exemption from the requirement to maintain minimum essential coverage under section 5000A(a) of such Code may—
request a certification from the Secretary of the Treasury, through the State Exchange or Federal Exchange, as applicable, that such individual is exempt from the requirements of section 5000A(a) of such Code, which such Secretary shall grant upon request; or
indicate on the Federal income tax return of such individual that such individual elects an exemption from the requirements of section 5000A(a) of such Code.
Exemption from penalty—
In general— Subsection (e) of section 5000A of the Internal Revenue Code of 1986 is amended by adding at the end the following:
“(6) Certification of exemption; exemption claims
“(A) Certification of exemption—An applicable individual for any month during the taxable year in which such individual receives a certification of exemption under section 2(a)(1) of the Obamacare Opt-Out Act of 2015, and for any month during any subsequent taxable year.
“(B) Exemption claim—An applicable individual, for any month in a taxable year for which an election for an exemption under section 2(a)(2) of the Obamacare Opt-Out Act of 2015 is made.”
Effective date— The amendments made by this subsection shall apply to months beginning after December 31, 2014.