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Paperwork Burden Reduction Act

USA118th CongressS-3202| Senate 
| Updated: 11/2/2023
John Thune

John Thune

Republican Senator

South Dakota

Cosponsors (1)
Mark R. Warner (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Paperwork Burden Reduction Act This bill modifies provisions under the Patient Protection and Affordable Care Act so that employers and health insurance providers are no longer required to send tax forms to covered individuals showing proof of minimum essential coverage (1095-B and 1095-C tax forms) unless a form is requested. Currently, employers and health insurance providers that provide minimum essential coverage must report this information for each covered individual to the Internal Revenue Service (IRS) and provide a copy of this information to the covered individual (through 1095-B and 1095-C tax forms) by January 31 of each year. The IRS allows for 1095-B tax forms, which are sent by certain health insurance providers and employers, to be made available to individuals only upon request. The bill provides statutory authority for this flexibility and extends this flexibility to 1095-C tax forms, which are sent by certain large employers. Such requests must be fulfilled by January 31 or 30 days after the date of the request, whichever is later. Employers and health insurance providers must give individuals timely notice of this option, in accordance with any requirements set by the IRS.
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Timeline
Nov 2, 2023
Introduced in Senate
Nov 2, 2023
Read twice and referred to the Committee on Finance.
Dec 23, 2024

Latest Companion Bill Action

HR 118-3797
Signed by President.
  • November 2, 2023
    Introduced in Senate


  • November 2, 2023
    Read twice and referred to the Committee on Finance.


  • December 23, 2024

    Latest Companion Bill Action

    HR 118-3797
    Signed by President.

Taxation

Related Bills

  • HR 118-3797: Paperwork Burden Reduction Act
  • S 118-3227: Paperwork Burden Reduction Act

Paperwork Burden Reduction Act

USA118th CongressS-3202| Senate 
| Updated: 11/2/2023
Paperwork Burden Reduction Act This bill modifies provisions under the Patient Protection and Affordable Care Act so that employers and health insurance providers are no longer required to send tax forms to covered individuals showing proof of minimum essential coverage (1095-B and 1095-C tax forms) unless a form is requested. Currently, employers and health insurance providers that provide minimum essential coverage must report this information for each covered individual to the Internal Revenue Service (IRS) and provide a copy of this information to the covered individual (through 1095-B and 1095-C tax forms) by January 31 of each year. The IRS allows for 1095-B tax forms, which are sent by certain health insurance providers and employers, to be made available to individuals only upon request. The bill provides statutory authority for this flexibility and extends this flexibility to 1095-C tax forms, which are sent by certain large employers. Such requests must be fulfilled by January 31 or 30 days after the date of the request, whichever is later. Employers and health insurance providers must give individuals timely notice of this option, in accordance with any requirements set by the IRS.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 2, 2023
Introduced in Senate
Nov 2, 2023
Read twice and referred to the Committee on Finance.
Dec 23, 2024

Latest Companion Bill Action

HR 118-3797
Signed by President.
  • November 2, 2023
    Introduced in Senate


  • November 2, 2023
    Read twice and referred to the Committee on Finance.


  • December 23, 2024

    Latest Companion Bill Action

    HR 118-3797
    Signed by President.
John Thune

John Thune

Republican Senator

South Dakota

Cosponsors (1)
Mark R. Warner (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 118-3797: Paperwork Burden Reduction Act
  • S 118-3227: Paperwork Burden Reduction Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted