[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3385 Placed on Calendar Senate (PCS)]

<DOC>





                                                       Calendar No. 284
119th CONGRESS
  1st Session
                                S. 3385

To amend the Internal Revenue Code of 1986 to extend the enhancement of 
                  the health care premium tax credit.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             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

_______________________________________________________________________

                                 A BILL


 
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,

SECTION 1. SHORT TITLE.

    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

119th CONGRESS

  1st Session

                                S. 3385

_______________________________________________________________________

                                 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