Income tax, state; refundable credit for coverage under qualified health plan. (HB531)

Introduced By

Del. Ibraheem Samirah (D-Herndon)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Individual income tax; refundable credit for coverage under qualified health plan. Provides a refundable individual income tax credit for taxable years 2020 through 2024 for a portion of the health care premium costs of a taxpayer insured through the individual marketplace of the Affordable Care Act, provided that such taxpayer has a household income between 400 and 500 percent above the federal poverty line. The amount of the credit would be the lesser of (i) the taxpayer's health care premiums or (ii) the amount by which the premium for a silver plan exceeds 10 percent of household income. Read the Bill »


12/04/2020: Failed to Pass in Committee


01/05/2020Prefiled and ordered printed; offered 01/08/20 20104161D
01/05/2020Referred to Committee on Finance
01/23/2020Assigned Finance sub: Subcommittee #1
01/26/2020Impact statement from TAX (HB531)
01/27/2020Subcommittee recommends continuing to 2021
01/29/2020Continued to 2021 in Finance
12/04/2020Left in Finance