Calendar No. 284
119th CONGRESS 1st Session |
To amend the Internal Revenue Code of 1986 to extend the enhancement of the health care premium tax credit.
December 8 (legislative day, December 4), 2025
Mr. Schumer introduced the following bill; which was read the first time
December 8. 2025
Read the second time and placed on the calendar
To amend the Internal Revenue Code of 1986 to extend the enhancement of the health care premium tax credit.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Lower Health Care Costs Act”.
SEC. 2. Extension of enhancement of health care premium tax credit.
(a) Extension of rules to increase premium assistance amounts.—Clause (iii) of section 36B(b)(3)(A) of the Internal Revenue Code of 1986 is amended—
(1) in the heading, by striking “through 2025” and inserting “through 2028”, and
(2) in the matter preceding subclause (I), by striking “before January 1, 2026” and inserting “before January 1, 2029”.
(b) Extension of rule to allow credit to taxpayers whose household income exceeds 400 percent of poverty line.—Subparagraph (E) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended—
(1) in the heading, by striking “through 2025” and inserting “through 2028”, and
(2) by striking “before January 1, 2026” and inserting “before January 1, 2029”.
(c) Effective date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
Calendar No. 284 | |||||
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A BILL | |||||
To amend the Internal Revenue Code of 1986 to extend the enhancement of the health care premium tax credit. | |||||
December 8. 2025 | |||||
Read the second time and placed on the calendar |