Bill denying tax benefits for abortion coverage | KPMG | GLOBAL

House passes bill denying tax benefits for abortion coverage

Bill denying tax benefits for abortion coverage

The U.S. House of Representatives late yesterday, approved by a 238-183 vote, H.R. 7—a bill introduced by Representative Christopher Smith (R-NJ) that would deny two types of tax benefits under the Affordable Care Act with respect to health plans that cover abortion services.

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For tax years ending after December 31, 2017, the bill would:

  • Disallow premium tax credits to individuals purchasing a health insurance policy on an ACA-established health insurance exchange that provides coverage for abortions
  • Disallow the small employer health insurance expense credit for any health plan that includes coverage for abortions

 

Read text of the bill as approved.  

The Senate has not scheduled action on similar legislation and the future prospects are not certain at this time.

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