Page:United States Statutes at Large Volume 124.djvu/279

 124 STAT. 253 PUBLIC LAW 111–148—MAR. 23, 2010 ‘‘(b) EFFECTIVE DATE.—Subsection (a) shall take effect with respect to employers in a State beginning on March 1, 2013.’’. SEC. 1513. SHARED RESPONSIBILITY FOR EMPLOYERS. (a) IN GENERAL.—Chapter 43 of the Internal Revenue Code of 1986 is amended by adding at the end the following: ‘‘SEC. 4980H. SHARED RESPONSIBILITY FOR EMPLOYERS REGARDING HEALTH COVERAGE. ‘‘(a) LARGE EMPLOYERS NOT OFFERING HEALTH COVERAGE.— If— ‘‘(1) any applicable large employer fails to offer to its full- time employees (and their dependents) the opportunity to enroll in minimum essential coverage under an eligible employer- sponsored plan (as defined in section 5000A(f)(2)) for any month, and ‘‘(2) at least one full-time employee of the applicable large employer has been certified to the employer under section 1411 of the Patient Protection and Affordable Care Act as having enrolled for such month in a qualified health plan with respect to which an applicable premium tax credit or cost-sharing reduction is allowed or paid with respect to the employee, then there is hereby imposed on the employer an assessable pay- ment equal to the product of the applicable payment amount and the number of individuals employed by the employer as full-time employees during such month. ‘‘(b) LARGE EMPLOYERS WITH WAITING PERIODS EXCEEDING 30 DAYS.— ‘‘(1) IN GENERAL.—In the case of any applicable large employer which requires an extended waiting period to enroll in any minimum essential coverage under an employer-spon- sored plan (as defined in section 5000A(f)(2)), there is hereby imposed on the employer an assessable payment, in the amount specified in paragraph (2), for each full-time employee of the employer to whom the extended waiting period applies. ‘‘(2) AMOUNT.—For purposes of paragraph (1), the amount specified in this paragraph for a full-time employee is— ‘‘(A) in the case of an extended waiting period which exceeds 30 days but does not exceed 60 days, $400, and ‘‘(B) in the case of an extended waiting period which exceeds 60 days, $600. ‘‘(3) EXTENDED WAITING PERIOD.—The term ‘extended waiting period’ means any waiting period (as defined in section 2701(b)(4) of the Public Health Service Act) which exceeds 30 days. ‘‘(c) LARGE EMPLOYERS OFFERING COVERAGE WITH EMPLOYEES WHO QUALIFY FOR PREMIUM TAX CREDITS OR COST-SHARING REDUC- TIONS.— ‘‘(1) IN GENERAL.—If — ‘‘(A) an applicable large employer offers to its full- time employees (and their dependents) the opportunity to enroll in minimum essential coverage under an eligible employer-sponsored plan (as defined in section 5000A(f)(2)) for any month, and ‘‘(B) 1 or more full-time employees of the applicable large employer has been certified to the employer under section 1411 of the Patient Protection and Affordable Care Act as having enrolled for such month in a qualified health 26 USC 4980H.