Congress Moves to Update COBRA Regs

by Mark Waterstraat 27. May 2010 06:46
Last night the House Ways & Means Committee finalized amendments to HR 4213 which is now referred to as the American Jobs and Closing Tax Loopholes Act of 2010.  Included within this bill is an extension of the last QE date eligible for treatment as an AEI to December 31, 2010.  We understand that the House is expected to vote on this soon, and that the Senate then intends to try to vote on it before May 31.  Details and current text of the bill can be found here http://waysandmeans.house.gov/press/PRArticle.aspx?NewsID=11185. 

We will keep you posted as we learn more.

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The Benaissance executive team consists of former administrators and senior technical professionals with more than 100 years of combined industry experience.    Together they are a thought-leader in revolutionizing benefits administration.

About the authors:

John B. Jenkins President & CEO 

Mark G. Waterstaat Chief Strategy Officer

Theresa Allan  Director of Payment Services

Kelly Sopinski Director of Support Services