Breaking News: Employer Reporting Legislation Passes House
The House passed H.R. 3801 on Wednesday, June 21, 2023, also known as the Employer Reporting Improvement Act. This bill is based on the Commonsense Reporting Act, legislation that NABIP has supported for several years. While the bill has successfully passed the House, it must be considered by the Senate and signed by the president prior to becoming law.
We’ve received the following announcement from NABIP:
Read NABIP's press release on the bill's passage here. Read more about the details of the bill here.
H.R. 3801 will provide much-needed relief for employers seeking to comply with the reporting requirements under Section 6055 and 6056 for enforcement of the ACA's individual and employer mandates. This bill is a testament to the work our NABIP membership did advocating on our federal priorities in their respective Hill meetings during NABIP's Capitol Conference earlier this year. NABIP has long sought these reforms and we look forward to advancing this as a bipartisan solution to address the challenges being faced under the health-reform law.
NABIP is grateful to bill sponsors Congressmen Adrian Smith (R-NE) and Mike Thompson (D-CA) for supporting this much-needed piece of bipartisan legislation, and we look forward to working with our allies in the Senate to get it to the president's desk.
Be on the lookout for an Operation Shout when the bill is considered by the Senate so that we may finally ease the compliance burden that the employer reporting process creates for you and your clients!
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