Income tax, state; refundable credit for coverage under qualified health plan.

Individual income tax; refundable credit forcoverage under qualified health plan. Provides a refundable individualincome tax credit for taxable years 2020 through 2024 for a portionof the health care premium costs of a taxpayer insured through theindividual marketplace of the Affordable Care Act, provided thatsuch taxpayer has a household income between 400 and 500 percentabove the federal poverty line. The amount of the credit would bethe lesser of (i) the taxpayer's health care premiums or (ii) theamount by which the premium for a silver plan exceeds 10 percentof household income.