Extension of “Cadillac tax” until 2021
The one good thing about the Government pause/shutdown is there is an additional extension to the Cadillac tax to Dec.31, 2021.
Regarding the Cadillac tax extension, the language was codified in Division D, Sec. 4002 of the CR:
SEC. 4002. DELAY IN IMPLEMENTATION OF EXCISE TAX ON HIGH COST
EMPLOYER-SPONSORED HEALTH COVERAGE.
Section 9001(c) of the Patient Protection and Affordable Care
Act is amended by striking ‘‘December 31, 2019’’ and inserting
‘‘December 31, 2021’’.
Sec. 4002 is on page 11 of the CR text, found at this link: https://www.congress.gov/115/bills/hr195/BILLS-115hr195enr.pdf
John P. Tolman
Vice President & National Legislative Representative
Brotherhood of Locomotive Engineers & Trainmen
Teamsters Rail Conference