H.R. 4118, Suspending the Individual Mandate Penalty Law Equals Fairness Act

Cost Estimate
March 4, 2014

As introduced in the House of Representatives on February 28, 2014

H.R. 4118 would delay the implementation of certain penalties related to the expansion of health insurance coverage established by the Affordable Care Act (ACA, Public Law 111-148 and the health care provisions of Public Law 111-152). The legislation would delay for one year the imposition of penalties associated with the requirement that most residents of the United States have health insurance coverage beginning in 2014. In addition, H.R. 4118 would shift by one year the schedule of penalties for people who do not comply with that mandate.

CBO and the staff of the Joint Committee on Taxation (JCT) estimate that enacting H.R. 4118 would reduce federal deficits by roughly $10 billion over the 2014-2019 period and by roughly $9 billion over the 2014-2024 period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending and revenues.

JCT has determined that H.R. 4118 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.