The legislation, called the Protecting Affordable Coverage for Employees Act, covers a provision under the ACA that changed the definition of a small employer from one with 50 or fewer employees to one with 100 or fewer employees, beginning in 2016.
The PACE Act has been approved in both GOP-led chambers, leading many in both parties to hope for a thawing of political tension over the ACA. The decision by President Obama marks a rare occurrence in which he and Congress have agreed on a tweak to the ACA. He has only signed a few previous bills making adjustments to the law, many of which were passed when Democrats controlled the House.
President Obama announced Oct. 7 that he had signed the bill.
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