HEALTH CARE TAX CREDIT.

SEC. 241. HEALTH CARE TAX CREDIT. (a) [26 U.S.C. 35] Termination of Credit.—Subparagraph (B) of section 35(b)(1) of the Internal Revenue Code of 1986 is amended by inserting “, and before January 1, 2014” before the period. (b) Extension Through Credit Termination Date of Certain Expired Credit Provisions.— (1) Partial extension of increased credit rate.—Section 35(a) of such Code is amended by striking “65 percent (80 percent in the case of eligible coverage months beginning before February 13, 2011)” and inserting “72.5 percent”. (2) Extension of advance payment provisions.— (A) [26 U.S.C. 7527] Section 7527(b) of such Code is amended by striking “65 percent (80 percent in the case of eligible coverage months beginning before February 13, 2011)” and inserting “72.5 percent”. (B) [26 U.S.C. 7527] Section 7527(d)(2) of such Code is amended by striking “which is issued before February 13, 2011”. (C) Section 7527(e) of such Code is amended by striking “80 percent” and inserting “72.5 percent”. (D) Section 7527(e) of such Code is amended by striking “In the case of eligible coverage months beginning before February 13, 2011—”. (3) Extension of certain other related provisions.— (A) [26 U.S.C. 35] Section 35(c)(2)(B) of such Code is amended by striking “and before February 13, 2011”. (B) Section 35(e)(1)(K) of such Code is amended by striking “In the case of eligible coverage months beginning before February 13, 2012, coverage” and inserting “Coverage”. (C) Section 35(g)(9) of such Code, as added by section 1899E(a) of the American Recovery and Reinvestment Tax Act of 2009 (relating to continued qualification of family members after certain events), is amended by striking “In the case of eligible coverage months beginning before February 13, 2011—”. (D) [29 U.S.C. 2918] Section 173(f)(8) of the Workforce Investment Act of 1998 is amended by striking “In the case of eligible coverage months beginning before February 13, 2011—”. (c) [26 U.S.C. 35 note] Effective Dates.— (1) In general.—Except as otherwise provided in this subsection, the amendments made by this section shall apply to coverage months beginning after February 12, 2011. (2) Advance payment provisions.— (A) The amendment made by subsection (b)(2)(B) shall apply to certificates issued after the date which is 30 days after the date of the enactment of this Act. (B) The amendment made by subsection (b)(2)(D) shall apply to coverage months beginning after the date which is 30 days after the date of the enactment of this Act.