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Medicare Protection: Excluding Home Sale from Surcharges

This bill aims to change how income-related monthly adjustment amounts (IRMAA) for Medicare are calculated. It proposes that income from the sale of a primary residence will not be included in these calculations, potentially lowering Medicare surcharges for some individuals. This is a one-time exclusion designed to help seniors manage their finances after selling their home.
Key points
Income from the sale of a primary residence will no longer increase Medicare surcharges for higher-income individuals.
This change applies to income from home sales on or after January 1, 2025.
Each individual can only use this exclusion once.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3007
Sponsor: Rep. Kiley, Kevin [R-CA-3]
Process start date: 2025-04-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Medicare Protection Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3007.

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 2025-04-24.

What are the main provisions?

Key points include:

  • Income from the sale of a primary residence will no longer increase Medicare surcharges for higher-income individuals.
  • This change applies to income from home sales on or after January 1, 2025.
  • Each individual can only use this exclusion once.
What is the specific legal status?

The current status is Introduced.

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. Kiley, Kevin [R-CA-3].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Health Taxes Real Estate