On July 2, 2013, Treasury published a blog post announcing that the Affordable Care Act employer shared responsibility payments imposed by Internal Revenue Code (Code) section 4980H (also known as “pay or play”) will not apply until 2015. It is also delaying until 2015 the mandatory reporting requirements for issuers and employers, as described in Code sections 6055 and 6056. ormal guidance regarding the delay will be published within the next week. Proposed rules on the reporting requirements are expected to be published this summer.

Click here for full text of the blog post is available at www.treasury.gov.