S3102119th CongressWALLET

A bill to amend the Internal Revenue Code of 1986 to extend the temporary enhanced premium credits, and for other purposes.

Sponsored By: Senator Peter Welch

Introduced

Summary

Extends enhanced ACA premium tax credits. It would keep the temporary, larger subsidies that lower marketplace premiums and push the 2026 open enrollment deadline to January 15, 2026.

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  • Families and marketplace shoppers would keep the larger premium tax credits through 2027, which would lower monthly premiums. It would apply to tax years beginning after December 31, 2025.
  • People with household income above 400 percent of the federal poverty line would remain eligible for the special treatment that preserves credits through 2027.
  • People shopping for 2026 coverage would have more time to enroll because Exchanges would keep open enrollment open until January 15, 2026.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

More Marketplace premium tax help

If enacted, you would keep the temporary enhanced premium tax credits longer for Marketplace coverage. The bill changes statutory dates from January 1, 2026 to January 1, 2028 and updates related heading years to 2027. These date changes would apply to tax years beginning after December 31, 2025 and continue rules that affect taxpayers with income above 400% of the federal poverty line.

More time to enroll for 2026

If enacted, Exchanges would extend the 2026 Marketplace open enrollment period through January 15, 2026. This change would apply only to plan year 2026 and give people more time to pick or change a 2026 Marketplace plan.

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Sponsors & CoSponsors

Sponsor

Peter Welch

VT • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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