The Journal of Accountancy has posted a summary of the tax provisions of the Senate Health Care Bill. The summary begins as follows:
Senate Republicans on Thursday released a draft bill that would repeal many provisions of the Patient Protection and Affordable Care Act (PPACA), P.L. 111-148. The Senate bill, called the Better Care Reconciliation Act of 2017, differs in many respects from the House-passed American Health Care Act, H.R. 1628, but like the House bill, it would repeal many of the tax provisions enacted by PPACA.
The text of the bill released on Thursday is labeled a “discussion draft,” and the text of the bill the Senate eventually votes on may differ. Also, because the Senate and House health care bills are different, either the House would have to vote on the Senate version, or the chambers would have to hold a conference to reconcile the differences.
Here is an overview of the Senate bill’s tax provisions:
See full summary at: Tax provisions in the Senate health care bill – Journal of Accountancy
View the Senate Republican Health Care bill here.
View a section by section summary by the Congressional Research Service here.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.