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Affordable Care Act Excise Tax Delayed

Tags:  (2015 Dec 18th - 5:29pm)

On December 18th, Congress passed legislation that would delay for two years, until 2020, the effective date of the excise tax that is part of the Affordable Care Act. While IPMA-HR supports the repeal of the excise tax, we are pleased to see that the two year delay has been approved. The Congress also approved a bill funding the federal government through September 30, 2016, which is the end of the federal fiscal year. President Obama is expected to sign these bills. For additional information, please contact Neil Reichenberg, IPMA-HR executive director, nreichenberg@ipma-hr.org.