HR 3769 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill changes how household income is calculated when determining eligibility for health insurance tax credits. Currently, all income from family members counts toward the household total, including money earned by dependents. The bill would exclude wages and self-employment income earned by certain dependents from this calculation. The exclusion applies to dependents under 18 years old, or dependents under 24 who are students, apprentices, or in job training programs for at least five months of the year. However, the amount excluded cannot be more than 15% of the taxpayer's modified adjusted gross income.
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