S2824119th CongressWALLET

A bill to amend the Internal Revenue Code of 1986 to extend the temporary enhanced premium credits.

Sponsored By: Senator Murkowski, Lisa [R-AK]

Introduced

Summary

Extends temporary enhanced premium tax credits for ACA marketplace coverage through 2027/2028. This bill would move the end date for those temporary enhanced credits from January 1, 2026 to January 1, 2028 and make that change apply to taxable years starting after December 31, 2025.

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  • Families and marketplace enrollees: People who buy coverage on the Affordable Care Act marketplace would keep the higher premium tax credits that lower monthly premiums through January 1, 2028, covering tax years that begin in 2026 and later.
  • Higher-income households: Taxpayers with household income above 400 percent of the federal poverty line would remain eligible for the temporary enhanced rules because the bill extends the same date changes for that group.
  • Tax code update: The bill amends Internal Revenue Code section 36B and updates heading years from 2025 to 2027 to preserve the enhanced credit formulas.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More premium help for Marketplace enrollees

If enacted, this bill would extend the temporary enhanced premium tax credits through January 1, 2028. It would apply to taxable years beginning after December 31, 2025 (tax years starting in 2026 and later). If you claim the premium tax credit for Marketplace health coverage, you would likely pay lower net monthly premiums while the extension is in effect. Some people with household income above 400% of the federal poverty line who qualified for temporary help could keep that help until January 1, 2028.

Sponsors & CoSponsors

Sponsor

Murkowski, Lisa [R-AK]

AK • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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