Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

H.R. 22, Hire More Heroes Act of 2015 (CBO Report for Congress)

Premium   Download PDF Now (3 pages)
Congress 114th
Date Requested Jan. 6, 2015
Date Sent Jan. 6, 2015
Description:

As introduced on January 6, 2015

CBO and JCT estimate that enacting H.R. 22 would reduce revenues, and thereby increase budget deficits, by $858 million over the 2015-2025 period.

The Hire More Heroes Act of 2015 would amend section 4980H(c)(2) of the Internal Revenue Code to provide that employees who have medical coverage under TRICARE or certain programs administered by the Veterans Administration would not be taken into account for purposes of determining whether the employer is large enough to be subject to employer responsibility payments under the Affordable Care Act.

CBO and JCT expect that enacting the bill would reduce the number of employers that would be required to make such employer responsibility payments, thus reducing federal receipts. Because the bill would not affect individuals’ eligibility for any type of health insurance coverage or the costs of that coverage, CBO and JCT anticipate that it would have a negligible effect on the number of people without health insurance and the sources of coverage for people who will be insured.

« Return to search CBO reports