Tag: Senate Finance Commtitee

Senate Finance Committee Chair Baucus Introduces New Version of Health Care Reform, The America’s Healthy Future Act of 2009

Senate Finance Committee Chairman Max Baucus (D-MT) today (November 19, 2009) introduced his latest health care reform proposal, the America’s Healthy Future Act of 2009 (S.1796), the text of which is available for review here. Chairman Baucus’ introduction of S. 1796 follows the November 7, 2009 passage by the U.S. House of Representatives of the massive health care reform proposal sponsored by Representative John Dingell (D-MI) and supported by Speaker Nancy Pelosi, the Affordable Health Care for America Act (HR. 3962). Review highlights and get link to text of bill here!

Baucus’ America’s Health Future Act of 2009 Calls For Significant Tightening of Tax Exemption Rules

With Senate Finance Committee meetings to mark up Chairman Max Baucus’ health care reform proposal as outlined in his 220-page “Chairman’s Mark of America’s Healthy Future Act of 2009” (the “Baucus Proposal”) scheduled to begin tomorrow (September 22, 2009), tax-exempt health care and other non-profit organizations should evaluate carefully proposed amendments that would amend or repeal the rebuttable presumption rule applicable to non-profits when defending Internal Revenue Service challenges to compensation reasonability, to grant sweeping new audit and oversight powers to the Internal Revenue Service, to tighten substantially tax-exemption requirements for charitable hospitals, and other amendments impacting their tax-exempt status or related obligations in addition to the widely-discussed proposal to create “Consumer Operated and Oriented Plans (CO-OPs) .

Health Care Reform Proposals Backed By Bipartisian Group of Former Senators Enjoys Widespread Initial Support In Senate

Health care reform proposals outlined in the Crossing Out Lines: Working Together to Reform the U.S. Health System Report released by Bipartisian Policy Center advisors and former Senators Howard Baker (R-TN), Tom Daschle (D-IA) and Bob Dole (R-KS) appears to enjoys significant support among many members of Congress as an alternative to the comprehensive health care reform proposals contained in the “Affordable Health Choices Act” (the “Kennedy Bill”) supported by Senator Edward M. Kennedy. As the health care reform rages among members of Congress, the Senate Committee on Health, Education, Labor and Pensions (HELP) chaired by Senator Kennedy continues its mark up of the Kennedy Bill.