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S. 1487

Union Bailout Prevention Act of 2013

Union Bailout Prevention Act of 2013 - Declares that no refundable premium assistance tax credits (subsidies) for coverage under a qualified health plan under the Internal Revenue Code, or reductions in cost-sharing under the Patient Protection and Affordable Care Act (PPACA), shall be permitted with respect to an individual for health insurance coverage provided pursuant to a collective bargaining agreement involving one or more employers (Taft-Hartley plan).

Amends PPACA to exclude Taft-Hartley plans from the meaning of "qualified health plan."

Read twice and referred to the Committee on Finance.

Sen. Thune, John [R-SD](R-SD)Sponsor
13 cosponsors13 R
13cosponsors1committees2actions1related bills4subjects
  • Introduced in SenateSep 9, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Union Bailout Prevention Act of 2013 — Informed