JCT reports on repealing, replacing Affordable Care Act | KPMG | GLOBAL

Legislative update: JCT reports on repealing, replacing Affordable Care Act

JCT reports on repealing, replacing Affordable Care Act

The House Ways and Means Committee has scheduled for March 8, 2017, a markup of budget reconciliation recommendations to repeal and replace the Affordable Care Act. In advance of the markup, the Joint Committee on Taxation (JCT) today released its descriptions of the budget reconciliation legislative recommendations to:

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  • Repeal and replace certain health-related tax policy provisions
  • Repeal the net investment income tax
  • Repeal certain consumer taxes
  • Repeal the deduction limit on remuneration from certain insurers
  • Repeal the tanning tax

The JCT also provided a revenue estimate.

JCT documents

JCX-6-17—Description of budget reconciliation legislative recommendation relating to remuneration from certain insurers

JCX-7-17—Description of an amendment in the nature of a substitute to the budget reconciliation legislative recommendation relating to remuneration from certain insurers

JCX-8-17—Description of budget reconciliation legislative recommendation relating to repeal of the tanning tax

JCX-9-17—Description of an amendment in the nature of a substitute to the budget reconciliation legislative recommendation relating to repeal of the tanning tax

JCX-10-17—Description of budget reconciliation legislative recommendations relating to repeal of certain consumer taxes

JCX-11-17—Description of an amendment in the nature of a substitute to the budget reconciliation legislative recommendations relating to repeal of certain consumer taxes

JCX-12-17—Description of budget reconciliation legislative recommendation relating to repeal of the net investment income tax

JCX-13-17—Description of an amendment in the nature of a substitute to the budget reconciliation legislative recommendation relating to repeal of the net investment income tax

JCX-14-17—Description of budget reconciliation legislative recommendations relating to repeal and replace of certain health-related tax policy provisions

JCX-15-17—Description of an amendment in the nature of a substitute to the budget reconciliation legislative recommendations relating to repeal and replace of certain health-related tax policy provisions

JCX-16-17—Estimated revenue effects of  budget reconciliation legislative recommendations relating to repeal and replace of certain health-related tax policy provisions contained in the “Affordable Care Act (‘ACA’),” scheduled for markup by the Committee on Ways and Means on March 8, 2017

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