arrow_back Back to App

Suspension of Health Insurance Tax Credit Overpayment Recapture for 2020.

This bill aims to ease the burden on individuals who received advance payments of the premium tax credit in 2020. It suspends the requirement to repay any overpaid amounts, meaning people won't lose money that could be used for daily expenses. This is a one-time change specifically for the 2020 tax year.
Key points
Individuals who received advance premium tax credits in 2020 will not have to repay any overpaid amounts.
This change applies only to the 2020 tax year, providing a one-time relief for citizens.
The goal is to prevent financial hardship for those who might otherwise have to return funds.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_952
Sponsor: Rep. Sherrill, Mikie [D-NJ-11]
Process start date: 2021-02-08
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To amend the Internal Revenue Code of 1986 to suspend for 2020 the recapture of overpayment of advanced premium tax credit.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_952.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-08.

What are the main provisions?

Key points include:

  • Individuals who received advance premium tax credits in 2020 will not have to repay any overpaid amounts.
  • This change applies only to the 2020 tax year, providing a one-time relief for citizens.
  • The goal is to prevent financial hardship for those who might otherwise have to return funds.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Sherrill, Mikie [D-NJ-11].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Health