Bill Summary & Status for the 106th Congress

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S.2337
Sponsor: Sen Santorum, Rick(introduced 3/30/2000)
Latest Major Action: 3/30/2000 Referred to Senate committee
Title: A bill to amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for the purchase of private health insurance, and to establish State health insurance safety-net programs.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
3/30/2000:
Read twice and referred to the Committee on Finance.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(4), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Sen Grams, Rod - 4/4/2000 Sen Inhofe, James M. - 10/12/2000
Sen Kyl, Jon - 3/30/2000 Sen Smith, Bob - 10/3/2000

SUMMARY AS OF:
3/30/2000--Introduced.

TABLE OF CONTENTS:

Fair Care for the Uninsured Act - Title I: Refundable Credit for Health Insurance Coverage - Amends the Internal Revenue Code to allow an individual a tax credit in an amount equal to the amount paid for qualified health insurance, subject to stated limitations. Directs the Secretary of the Treasury to make payments to the provider of an individual's qualified health insurance equal to such individual's qualified health insurance credit advance amount (the Secretary's estimate of the amount of credit allowable) with respect to such provider.

Title II: Assuring Health Insurance Coverage for Uninsurable Individuals - Requires each health insurer, health maintenance organization, and health service organization to participate in a health insurance safety net which shall assure the availability of health insurance to uninsurable individuals. Funds such safety nets through assessments against such insurers and organizations. Permits such insurers and organizations to add the costs of such assessments to the costs of its insurance or coverage.