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S. 3754

BillFederalSenateIn Committee
Tax Equity and Affordability Act of 2006
About This Bill
Committee
Latest Action · July 27, 2006
Read twice and referred to the Committee on Finance.
Congress
109th (2005–2007)
Introduced
July 27, 2006
Cosponsors (3)
0D 3R
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Summary

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Tax Equity and Affordability Act of 2006 - Amends the Internal Revenue Code to: (1) allow individual taxpayers a refundable tax credit for health insurance costs paid for the benefit of the taxpayer, the taxpayer's spouse, and dependents; (2) require business taxpayers who receive payments for certain employee health insurance coverage to file informational returns; (3) direct the Secretary of the Treasury to make advance payments of health insurance tax credit amounts to health insurance providers; and (4) limit the tax exclusion for employer-provided health care coverage.

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