Section 1 Short title
This Act may be cited as the “Affordable Health Insurance for the Middle Class Act”.
Affordable Health Insurance for the Middle Class Act
A BILL
To amend the Internal Revenue Code of 1986 to expand eligibility to receive refundable tax credits for coverage under a qualified health plan.
Sec. 2 Expansion of eligibility for refundable credits for coverage under qualified health plans
In general— Section 36B(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking “but does not exceed 400 percent”.
Conforming amendment— The table in section 36B(b)(3)(A)(i) of the Internal Revenue Code of 1986 is amended by striking “up to 400%” and inserting “or higher”.
Effective date— The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.