[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2908 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2908

 To amend the Internal Revenue Code of 1986 to expand eligibility for 
 the refundable credit for coverage under a qualified health plan, and 
                          for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 18, 2014

Mrs. Feinstein introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to expand eligibility for 
 the refundable credit for coverage under a qualified health plan, and 
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Affordable Health Insurance for the 
Middle Class Act''.

SEC. 2. EXPANDING ELIGIBILITY FOR REFUNDABLE CREDIT FOR COVERAGE UNDER 
              A QUALIFIED HEALTH PLAN.

    (a) In General.--Subparagraph (A) of section 36B(c)(1) of the 
Internal Revenue Code of 1986 is amended by striking ``400 percent'' 
and inserting ``600 percent''.
    (b) Conforming Amendments.--
            (1) The table contained in clause (i) of section 
        36B(b)(3)(A) of such Code is amended in the first column of the 
        last row by striking ``400%'' and inserting ``600%''.
            (2) Clause (i) of section 36B(f)(2)(B) of such Code is 
        amended--
                    (A) by striking ``400 percent'' and inserting ``600 
                percent'', and
                    (B) in the first column of the last row of the 
                table contained in such clause, by striking ``400%'' 
                and inserting ``600%''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after December 31, 2014.

SEC. 3. INCREASE IN EXCISE TAX RATE FOR SMALL CIGARS AND CIGARETTES.

    (a) In General.--
            (1) Small cigars.--Section 5701(a)(1) of the Internal 
        Revenue Code of 1986 is amended by striking ``$50.33'' and 
        inserting ``$52.83''.
            (2) Small cigarettes.--Section 5701(b)(1) of such Code is 
        amended by striking ``$50.33'' and inserting ``$52.83''.
    (b) Effective Date.--The amendments made by this section shall 
apply to articles removed (as defined in section 5702(j) of the 
Internal Revenue Code of 1986) after December 31, 2014.
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