The U.S. House of Representatives on May 4, 2017, passed H.R. 1628, the American Health Care Act of 2017 (AHCA).
The AHCA is styled as a budget reconciliation bill, which may only address matters related to spending, tax revenue, and the debt ceiling. Consequently, many of the AHCA’s provisions are tax law changes. These changes, if enacted, could potentially have consequences for individuals, employers, healthcare organizations, and taxpayers generally.
Read a May 2017 report [PDF 207 KB] prepared by KPMG LLP that explains the proposed legislation by answering frequently asked questions (FAQs) about the bill and comparing it to an earlier proposal: What’s News in Tax: Taxes and the American Health Care Act: Frequently Asked Questions
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