<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=utf-8">
<META content="MSHTML 6.00.2900.5921" name=GENERATOR></HEAD>
<BODY style="MARGIN: 4px 4px 1px; FONT: 14pt Footlight MT Light">
<DIV>FYI</DIV>
<DIV> </DIV>
<DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG><FONT face="Brush Script MT" size=6>Karen Park<BR></FONT></STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon State Social Security Coordinator</STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon PERS<BR>503 603-7633<BR>karen.park@state.or.us<BR><IMG alt="" hspace=0 src="cid:PYTBYAMPADEW.IMAGE_73.GIF" align=baseline border=0><BR>SL2</STRONG></FONT></DIV>
<DIV><STRONG><FONT face="Footlight MT Light" color=#6147c5 size=4></FONT></STRONG> </DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5>Please note my office hours are Monday thru Thursday 6 am to 4:30 pm</FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5></FONT> </DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5></FONT> </DIV>
<DIV><FONT face="Times New Roman" color=#000000>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>CONFIDENTIALITY NOTE: All information in this email, including attachments, is approved solely for delivery to and authorized use by intended recipients. Use, dissemination, distribution, or reproduction of this message and/or any of its attachments by unintended recipients is not authorized and may be unlawful. If you are not an intended recipient of this message or an authorized assistant to an intended recipient, please notify the sender by replying to this message and then delete it from your system</FONT>. </P></FONT></DIV><BR><BR>>>> "Marshall KayDel D" <KayDel.Marshall@irs.gov> 4/5/2010 9:32 AM >>><BR></DIV>
<DIV dir=ltr align=left><SPAN class=453343116-05042010><FONT size=4>Here is the entire healthcare timeline beyond this year</FONT></SPAN></DIV>
<DIV> </DIV>
<DIV align=left><FONT face=Arial size=2>
<P align=left><B><FONT face="Vladimir Script" color=navy size=5><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 18pt; COLOR: navy; FONT-FAMILY: 'Vladimir Script'">KayDel Marshall</SPAN></FONT></B> <BR><B><I><FONT face="Lucida Sans Unicode"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">Senior Stakeholder Liaison</SPAN></FONT></I></B><BR><STRONG><EM><FONT face="Lucida Sans Unicode" size=2>Small Business & Self-Employed C/L/D</FONT></EM></STRONG><BR><B><I><FONT face="Lucida Sans Unicode" size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">1220 S.W. 3rd Avenue, Mail Stop O-185</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Sans Unicode" size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">Portland, Oregon 97204</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">503-326-5240 Phone</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">503-326-5957 Fax</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">E-Mail: KayDel.Marshall@irs.gov</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">ID #1000843166</SPAN></FONT></I></B></P><BR></FONT></DIV>
<DIV> </DIV><BR>
<DIV class=OutlookMessageHeader lang=en-us dir=ltr align=left>
<HR tabIndex=-1>
<FONT face=Tahoma size=2><B>From:</B> Karen PARK [mailto:karen.park@state.or.us] <BR><B>Sent:</B> Monday, April 05, 2010 8:08 AM<BR><B>To:</B> Marshall KayDel D<BR><B>Subject:</B> Re: Small Business Health Care Tax Credit<BR></FONT><BR></DIV>
<DIV></DIV>
<DIV>Good morning KayDel,</DIV>
<DIV> </DIV>
<DIV>Do you know how much of this, if any, pertains to state and local governments?</DIV>
<DIV> </DIV>
<DIV>Thanks</DIV>
<DIV> </DIV>
<DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG><FONT face="Brush Script MT" size=6>Karen Park<BR></FONT></STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon State Social Security Coordinator</STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon PERS<BR>503 603-7633<BR>karen.park@state.or.us<BR><IMG alt="" hspace=0 src="cid:HCIYMDVVGLWX.IMAGE_48.GIF" align=baseline border=0><BR>SL2</STRONG></FONT></DIV>
<DIV><STRONG><FONT face="Footlight MT Light" color=#6147c5 size=4></FONT></STRONG> </DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5>Please note my office hours are Monday thru Thursday 6 am to 4:30 pm</FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5></FONT> </DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5></FONT> </DIV>
<DIV><FONT face="Times New Roman" color=#000000>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>CONFIDENTIALITY NOTE: All information in this email, including attachments, is approved solely for delivery to and authorized use by intended recipients. Use, dissemination, distribution, or reproduction of this message and/or any of its attachments by unintended recipients is not authorized and may be unlawful. If you are not an intended recipient of this message or an authorized assistant to an intended recipient, please notify the sender by replying to this message and then delete it from your system</FONT>. </P></FONT></DIV><BR><BR>>>> "Marshall KayDel D" <KayDel.Marshall@irs.gov> 4/2/2010 3:56 PM >>><BR></DIV>
<DIV></DIV>
<DIV><FONT face=Arial size=2>
<TABLE cellSpacing=0 cellPadding=0 width="98%" border=0>
<TBODY>
<TR>
<TD>
<H2>Small Business Health Care Tax Credit</H2></TD></TR>
<TR>
<TD class=content> </TD></TR>
<TR>
<TD>
<TABLE width=auto border=0>
<TBODY>
<TR>
<TD>
<P align=left></P>
<TABLE cellPadding=5 width="100%" border=0>
<TBODY>
<TR>
<TD>
<P></P>
<TABLE cellPadding=1 width=530 border=0>
<TBODY>
<TR>
<TD><IMG height=137 alt="A restaurant open sign" src="cid:PWCBKOWMKHBA.IMAGE.jpg" width=206></IMG> </TD>
<TD vAlign=bottom align=left width="100%">
<BLOCKQUOTE dir=ltr>
<P>Health coverage legislation enacted this year includes a Small Business Health Care Tax Credit to help small businesses and small tax-exempt organizations afford the cost of covering their workers. </P></BLOCKQUOTE></TD>
<TD>
<P> </P>
<P> </P>
<P> </P>
<P> </P>
<P> </P>
<P> </P></TD>
<TD> </TD></TR></TBODY></TABLE></TD>
<TD></TD></TR></TBODY></TABLE>
<H3 align=left>Eligibility Rules</H3>
<UL>
<LI>
<DIV align=left><STRONG>Providing health care coverage.</STRONG> A qualifying employer must cover at least 50 percent of the cost of health care coverage for some of its workers based on the single rate.</DIV>
<LI>
<DIV align=left><STRONG>Firm size.</STRONG> A qualifying employer must have less than the equivalent of 25 full-time workers (for example, an employer with fewer than 50 half-time workers may be eligible).</DIV>
<LI>
<DIV align=left><STRONG>Average annual wage.</STRONG> A qualifying employer must pay average annual wages below $50,000.</DIV>
<LI>
<DIV align=left><STRONG>Both taxable (for profit) and tax-exempt firms qualify.</STRONG></DIV></LI></UL>
<H3 align=left>Amount of Credit</H3>
<UL>
<LI>
<DIV align=left><STRONG>Maximum Amount.</STRONG> The credit is worth up to 35 percent of a small business' premium costs in 2010. On Jan. 1, 2014, this rate increases to 50 percent (35 percent for tax-exempt employers).</DIV>
<LI>
<DIV align=left><STRONG>Phase-out.</STRONG> The credit phases out gradually for firms with average wages between $25,000 and $50,000 and for firms with the equivalent of between 10 and 25 full-time workers. </DIV></LI></UL>
<H3 align=left>Three Simple Steps for Employers to Qualify</H3>
<P>To determine if your small business or tax exempt organization qualifies for the Small Business Health Care Tax Credit, follow the <A href="http://www.irs.gov/pub/irs-utl/3_simple_steps.pdf">three simple steps on our fact sheet</A>.</P>
<H3 align=left>Examples</H3>
<P align=left>Scenarios illustrate <A href="http://www.irs.gov/pub/irs-utl/small_business_health_care_tax_credit_scenarios.pdf">how the credit applies to employers in different circumstances</A>.</P>
<H3 align=left>Questions and Answers</H3>
<P align=left>Need more detailed information? <A href="http://www.irs.gov/newsroom/article/0,,id=220839,00.html">We have answers.</A><BR><BR></P>
<H3>For More Information</H3>
<P align=left>News release <A href="http://www.irs.gov/newsroom/article/0,,id=220848,00.html">IR-2010-38</A>, New for 2010: Tax Credit Helps Small Employers Provide Health Insurance Coverage, gives a description of the credit and when and how to claim it. </P></TD></TR></TBODY></TABLE></TD>
<TD width=5> </TD></TR></TBODY></TABLE><BR><BR>
<P style="MARGIN-RIGHT: 50px" align=right><I>Page Last Reviewed or Updated: April 01, 2010</I></P></FONT></DIV>
<DIV> </DIV>
<DIV align=left><FONT face=Arial size=2>
<P align=left><B><FONT face="Vladimir Script" color=navy size=5><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 18pt; COLOR: navy; FONT-FAMILY: 'Vladimir Script'">KayDel Marshall</SPAN></FONT></B> <BR><B><I><FONT face="Lucida Sans Unicode"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">Senior Stakeholder Liaison</SPAN></FONT></I></B><BR><STRONG><EM><FONT face="Lucida Sans Unicode" size=2>Small Business & Self-Employed C/L/D</FONT></EM></STRONG><BR><B><I><FONT face="Lucida Sans Unicode" size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">1220 S.W. 3rd Avenue, Mail Stop O-185</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Sans Unicode" size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Sans Unicode'">Portland, Oregon 97204</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">503-326-5240 Phone</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">503-326-5957 Fax</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">E-Mail: KayDel.Marshall@irs.gov</SPAN></FONT></I></B> <BR><B><I><FONT face="Lucida Bright"><SPAN style="FONT-WEIGHT: bold; FONT-STYLE: italic; FONT-FAMILY: 'Lucida Bright'">ID #1000843166</SPAN></FONT></I></B></P><BR></FONT></DIV>
<DIV> </DIV></BODY></HTML>