The legislation reported by the Ways and Means Committee is part of a reconciliation process authorized in S. Con. Res. 11 (the FY 2016 budget).
The legislation is expected to be combined with legislation under consideration by other House committees to form one package to be considered by the full House in the coming weeks. Once the House passes the overall package and sends it to the Senate for consideration, special procedural protections referred to as “reconciliation” are expected to apply in the Senate. Among those protections are rules limiting the ability of senators to filibuster the legislation. As a result, the legislation could be approved by the Senate with 51 votes—rather than the 60 votes often needed to end filibusters initiated in opposition to controversial legislation.
In connection with an earlier House effort to repeal “Obamacare,” the White House indicated that the president would veto such legislation if it were to reach his desk. Read a February 2015 Statement of Administration Policy [PDF 332 KB]
The House on September 28 passed another piece of health care-related legislation, by voice vote, H.R. 2061, a bill "...to amend section 5000A of the Internal Revenue Code of 1986 to provide an additional religious exemption from the individual health coverage mandate, and for other purposes." The Senate has not scheduled action on H.R. 2061.
© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.