H.R. 3962/Division A/Title V

TITLE V — AMENDMENTS TO INTERNAL REVENUE CODE OF 1986

Subtitle A—Provisions Relating to Health Care Reform

Part 1—Shared Responsibility

Subpart A—Individual Responsibility

Sec. 501. Tax On Individuals Without Acceptable Health Care Coverage.

Subpart B—Employer Responsibility

Sec. 511. Election to Satisfy Health Coverage Participation Requirements.

Sec. 512. Health Care Contributions of Nonelecting Employers.

Part 2—Credit for Small Business Employee Health Coverage Expenses

Sec. 521. Credit for Small Business Employee Health Coverage Expenses.

Part 3—Limitations on Health Care Related Expenditures

Sec. 531. Distributions for medicine qualified only if for prescribed drug or insulin.

Sec. 532. Limitation on health flexible spending arrangements under cafeteria plans.

Sec. 533. Increase in penalty for nonqualified distributions from health savings accounts.

Sec. 534. Denial of deduction for federal subsidies for prescription drug plans which have been excluded from gross income.

Part 4—Other Provisions to Carry Out Health Insurance Reform

Sec. 541. Disclosures to carry out health insurance exchange subsidies.

Sec. 542. Offering of exchange-participating health benefits plans through cafeteria plans.

Sec. 543. Exclusion from gross income of payments made under reinsurance program for retirees.

Sec. 544. CLASS program treated in same manner as long-term care insurance.

Sec. 545. Exclusion from gross income for medical care provided for Indians.

Subtitle B—Other Revenue Provisions

Part 1—General Provisions

Sec. 551. Surcharge on High Income Individuals.

Sec. 552. Excise Tax on Medical Devices.

Sec. 553. Expansion of Information Reporting Requirements.

Sec. 554. Repeal of Worldwide Allocation of Interest.

Sec. 555. Exclusion of Unprocessed Fuels from the Cellulosic Biofuel Producer Credit.

Part 2—Prevention of Tax Avoidance

Sec. 561. Limitation on Treaty Benefits for Certain Deductible Payments.

Sec. 562. Codification of Economic Substance Doctrine; Penalties.

Sec. 563. Certain Large or Publicly Traded Persons made Subject to a more likely than not Standard for Avoiding Penalties on Underpayments.

Part 3—Parity in Health Benefits

Sec. 571. Certain Health Related Benefits Applicable to Spouses and Dependents Extended to Eligible Beneficiaries.