4118) is a bill that would delay for one year the imposition of penalties associated with the requirement that most residents of the United States have health insurance coverage beginning in 2014.

[8] The Suspending the Individual Mandate Penalty Law Equals Fairness Act or the SIMPLE Fairness Act would amend the Internal Revenue Code to delay until 2015 the imposition of the monthly penalty amount on individual taxpayers for failure to purchase minimum essential health care coverage.

4118 would delay the implementation of certain penalties related to the expansion of health insurance coverage established by the Affordable Care Act (ACA, Pub.

The legislation would delay for one year the imposition of penalties associated with the requirement that most residents of the United States have health insurance coverage beginning in 2014.

[1] The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimate that enacting H.R.

[1] The Suspending the Individual Mandate Penalty Law Equals Fairness Act was introduced on February 28, 2014 by Rep. Lynn Jenkins (R, KS-2).

[2] Republicans argued that the bill was necessary to be fair to individual Americans, since the Obama administration had already delayed the penalties that would have applied to businesses.