Bill Ending Government Shutdown Also Delays Cadillac Tax for 2 years

1/23/2018

Last evening, President Trump signed a bill which would fund the government for another three weeks, thereby ending the three-day shutdown of the government.  The bill text is here http://www.ecfc.org/files/legislative-news/govdoc20180116-188405.pdf.  Included in section 4002 of the bill is a provision which would delay the effective date of the excise tax on high-cost employer-sponsored health plans (the “Cadillac Tax”) for two additional years, until 2022.  ECFC has been lobbying for repeal of the Cadillac Tax since its enactment as part of the Affordable Care Act and for the delay of the implementation of the tax until full repeal can be enacted.  This extension of the effective date of the implementation of the tax is good news for ECFC and its membership.

William F. Sweetnam, Jr
ECFC Legislative and Technical Director

Media Contact:

Martin Trussell
(202) 659-4300
mtrussell@ecfc.org

About Employers Council on Flexible Compensation

The Employers Council on Flexible Compensation (ECFC) is a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. The organization has two driving missions. The first is to represent and promote flexible compensation programs through effective lobbying. The second is to provide information on flexible compensation programs to member, national opinion leaders and the general public to help create a positive climate for the growth of flexible compensation.