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S. 1749 (115th): American Liberty Restoration Act

The text of the bill below is as of Aug 3, 2017 (Introduced).


II

115th CONGRESS

1st Session

S. 1749

IN THE SENATE OF THE UNITED STATES

August 3, 2017

introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To restore Americans’ individual liberty by striking the Federal mandate to purchase insurance.

1.

Short title

This Act may be cited as the American Liberty Restoration Act.

2.

Restoring individual liberty

(a)

Repeal of requirement To maintain minimum essential coverage

(1)

In general

The Internal Revenue Code of 1986 is amended by striking chapter 48 (and the item related to such chapter in the table of chapters).

(2)

Effective date

The amendments made by this subsection shall apply to taxable years beginning after December 31, 2016.

(b)

Repeal of reporting of health insurance coverage

(1)

In general

Part III of subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by striking subpart D (and the item related to such part in the table of parts for such subchapter).

(2)

Conforming amendment

Subsection (c) of section 1502 of the Patient Protection and Affordable Care Act is repealed.

(3)

Effective date

The amendments made by this subsection shall apply to calendar years beginning after December 31, 2016.