S. 1875 would amend the Internal Revenue Code of 1986 to provide a refundable and advanceable credit for health insurance, to amend the Social Security Act to provide for improved private health insurance access and affordability, to amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax.

== Detailed Summary ==

<summary>
(Log inHealthy Tax Reform Act - Amends the Internal Revenue Code to: (1) allow uninsured individual taxpayers and their spouses and dependents a refundable tax credit for a limited amount of their health insurance costs; (2) direct the Secretary of the Treasury to establish a program for payment of health insurance costs by advancing health insurance tax credit amounts to editinsurance providers during the wikitaxable year; (3) limit the availability of certain tax preferences for individuals eligible for the health insurance tax credit; and be(4) repeal the firstalternative minimum tax after 2006.

Amends the Social Security Act to require the Secretary of Health and Human Services (HHS) to deem whether a state has taken efforts to provide its citizens with greater access to affordable private health insurance, including by establishing a detailed summarystate health insurance exchange, a high risk pool, a reinsurance mechanism, or other high risk solution. Sets forth requirements for certification of a state health insurance exchange.

Amends Title XIX (Medicaid) of the bill!)Social Security Act to expand Medicaid health opportunity accounts to all states as of January 1, 2008.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 7/25/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
</status>

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== Points in Favor ==

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== Points Against ==

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