SUMMARY: This document contains final regulations amending the Health Insurance Providers Fee regulations to require certain covered entities engaged in the business of providing health insurance for
DATES: Effective Date. These regulations are effective on
FOR FURTHER INFORMATION CONTACT:
Background This document contains final regulations in Title 26 of the Code of Federal Regulations under section 9010 of the Patient Protection and Affordable Care Act (PPACA), Public Law 111-148, 124 Stat. 119 (2010), as amended by section 10905 of PPACA, and as further amended by section 1406 of the Health Care and Education Reconciliation Act of 2010, Public Law 111-152 (124 Stat. 1029 (2010)) (collectively, the Affordable Care Act or ACA). The final regulations provide guidance on the annual fee imposed on covered entities engaged in the business of providing health insurance for
No comments were received in response to the notice of proposed rulemaking. No public hearing was requested or held. This Treasury Decision adopts the proposed regulations with no substantive change other than the applicability date. The rationale provided in the Explanation of Provisions section of the notice of proposed rulemaking applies equally to these final regulations. The electronic filing requirement will begin in the 2020 fee year because the fee will not be collected in 2019.
This regulation is not subject to review under section 6(b) of Executive Order 12866 pursuant to the Memorandum of Agreement (
Pursuant to section 7805(f) of the Internal Revenue Code, the notice of proposed rulemaking preceding these final regulations was submitted to the Chief Counsel for Advocacy of the
The principal author of these regulations is
List of Subjects in 26 CFR Part 57 Health insurance, Reporting and recordkeeping requirements.
Adoption of Amendments to the Regulations
Accordingly, 26 CFR part 57 is amended to read as follows:
PART 57--HEALTH INSURANCE PROVIDERS FEE
Paragraph 1. The authority citation for 26 CFR part 57 continues to read in part as follows:
Authority:26 U.S.C. 7805 * * *
Par. 2. Section 57.3 is amended by revising paragraph (a)(2) to read as follows:
(a) * * *
(2) Manner of reporting--(i) In general. The
(ii) Electronic Filing Required. Any Form 8963 (including corrected forms) filed pursuant to paragraph (a)(1) of this section and reporting more than
Par. 3. Section 57.10 is amended by revising the section heading, paragraph (a) and adding paragraph (c) to read as follows:
(a) Except as provided in paragraphs (b) and (c) of this section, [Sec.]
(c) Section 57.3(a)(2)(ii) applies to Forms 8963, including corrected Forms 8963, filed after
Deputy Commissioner for Services and Enforcement.
Assistant Secretary of the
CFR Part: "26 CFR Part 57"
RIN Number: "RIN 1545-BN57"
Citation: "84 FR 61547"
Document Number: "TD 9881"
Federal Register Page Number: "61547"
"Rules and Regulations"