United StatesHouse Bill 3007HR 3007
Medicare Protection Act of 2025
Health
2 pages
- house
- senate
- president
Last progress April 24, 2025 (7 months ago)
Introduced on April 24, 2025 by Kevin Kiley
Sponsors
House Votes
Pending Committee
April 24, 2025 (7 months ago)Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Senate Votes
Vote Data Not Available
Presidential Signature
Signature Data Not Available
AI Summary
This bill changes how Medicare decides if you owe extra monthly charges based on your income (IRMAA). Starting in 2025, money you get from selling your main home will not be counted in the income used to figure these extra charges. You can use this home-sale exclusion only once in your lifetime. The term “principal residence” follows the definition in the tax code.
Key points:
- Who is affected: People on Medicare who might owe IRMAA (extra charges based on income).
- What changes: Income from selling your main home is not counted in the IRMAA calculation, but only one time per person.
- When: Applies to months in years beginning on or after January 1, 2025.
Text Versions
Text as it was Introduced in House
ViewApril 24, 2025•2 pages
Amendments
No Amendments