H.R. 247

119th CONGRESS 1st Session

To amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan.

IN THE HOUSE OF REPRESENTATIVES · January 9, 2025 · Sponsor: Ms. Underwood · Committee: Committee on Ways and Means

Table of contents

• H.R. 247
  • SEC. 1. Short title
  • SEC. 2. Increase in eligibility for credit

SEC. 1. Short title

• This Act may be cited as the Health Care Affordability Act of 2025.

SEC. 2. Increase in eligibility for credit

• (a) In general
  • Subparagraph (A) of of the Internal Revenue Code of 1986 is amended by striking . section 36B(c)(1)
• (b) Applicable percentages
  • (1) In general
    • Subparagraph (A) of of the Internal Revenue Code of 1986 is amended to read as follows: section 36B(b)(3)
      • (A) Applicable percentage
        • The applicable percentage for any taxable year shall be the percentage such that the applicable percentage for any taxpayer whose household income is within an income tier specified in the following table shall increase, on a sliding scale in a linear manner, from the initial premium percentage to the final premium percentage specified in such table for such income tier:
  • (2) Conforming amendments relating to affordability of coverage
    • Paragraph (1) of section 36B(c) of such Code is amended by striking subparagraph (E).
    • Subparagraph (C) of section 36B(c)(2) of such Code is amended by striking clause (iv).
    • Paragraph (4) of section 36B(c) of such Code is amended by striking subparagraph (F).
• (c) Effective date
  • The amendments made by this section shall apply to taxable years beginning after December 31, 2025.