Insurance

Fifth Circuit Rules that the Penalty under the ACA Isn’t a Priority Tax Claim

The exaction for failure to purchase health insurance isn’t an excise tax ‘on a transaction’ under Section 507(a)(8)(E)(i).
Court: 

H.R. 6040

To amend the Small Business Act to ensure small businesses affected by the onset of communicable diseases are eligible for disaster relief.

Bill text forthcoming.

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