H.R.4417: Dependent Income Exclusion Act of 2019

Overview

The Dependent Income Exclusion Act would exclude certain earnings from dependents of a taxpayer for purposes of determining the taxpayer’s eligibility for premium tax credits used to purchase insurance on Affordable Care Act (ACA) exchanges. To qualify for the exclusion, the dependent would have to be under 18 years of age, or be under the age of 24 and currently enrolled as a student or apprenticeship program at least part-time.

S. 2497 is the Senate companion bill.

Our Stance

Watching

Priority

Medium

Bill Number

H.R.4417

Date Introduced

September 19, 2019

Committee

House Ways and Means Committee

Bill Status

Introduced or Prefiled