Thanks to Keith Zuckerman from PGP for this:
Below are comments from our government affairs people at NAHU plus a very good summary of the new bill House GOP’ers put forth yesterday. Keep in mind that this has a long way to go to become law and we will keep you apprised of future developments. Some of the highlights are:
- Employer Mandate. The employer mandate would be eliminated as of January 1, 2016. As a result, employers could still be liable for ACA penalties for 2015.
- Employer Reporting.
o Beginning for the year 2020, the Form W-2 would be required to indicate whether an employee was eligible for employer-provided coverage that disqualified the employee from the new individual tax credit (discussed below).