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Thread: Timeline of Tax Provisions in the House Health Care Bill

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    Timeline of Tax Provisions in the House Health Care Bill

    http://www.rightsidenews.com/2010032...care-bill.html


    Provisions going into effect on the date bill is signed into law

    Additional requirements for section 501(c)(3) hospitals

    Study and report of effect on veterans' health care

    Provide income exclusion for specified Indian tribe health benefits

    Codify economic substance doctrine and impose penalties for underpayments

    Provision specifying that subsidies or tax credits received through health care reform will not affect individual's qualifications for other federal programs

    Tax Exemption for Certain Member-Run Health Insurance Issuers

    Tax Exemption for Entities Established Pursuant to Transitional Reinsurance Program for Individual Market in Each State

    ***Rules pertaining to how the IRS is involved in income-verification and individual status for the purposes of participation in the exchanges and subsidies received***

    Other provisions going into effect before the end of 2010

    July 1, 2010: Impose 10% excise tax on indoor tanning services

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    I am glad I did not voted for Obama !!!!, never believe in the ways he thinks!!!!

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    Thanks for the post.

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