House Bill 1981
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DIGEST OF INTRODUCED BILL
Health benefit plans; tax credit. Provides a credit against state tax liability for a taxpayer that makes health insurance available to the taxpayer's employees through a cafeteria plan. Provides that the credit equals the lesser of: (1) $500; or (2) the result of $200 plus $10 multiplied by the number of employees exceeding 20. Requires an employer with at least 25 full- time employees to offer at least one health benefit plan. Requires an employer to allow an employee: (1) to choose whether to participate in the plan; and (2) to pay the employee's cost of the plan through payroll deduction. Permits an employer to pay or reimburse all or a part of the employee's cost to participate in the plan on an equal basis.
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| ||In Committee - first House|