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Extending Health Insurance Tax Credits and Lowering Healthcare Costs.

This Act aims to keep health insurance affordable for millions of Americans by extending key premium tax credit provisions. The changes ensure that individuals earning above 400% of the poverty line can still receive subsidies, preventing a sharp increase in their monthly premiums. The extension is financed by rescinding unspent funds previously allocated for assistance to Argentina.
Key points
Extends eligibility for health insurance subsidies (Premium Tax Credits) to individuals and families earning above 400% of the federal poverty line.
Maintains higher levels of financial assistance for insurance premiums, helping to lower monthly out-of-pocket costs for policyholders.
Unused funds designated for assistance to Argentina are canceled (rescinded) to offset the cost of extending these healthcare benefits.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6050
Sponsor: Rep. Horsford, Steven [D-NV-4]
Process start date: 2025-11-17
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HEALTH Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6050.

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 2025-11-17.

What are the main provisions?

Key points include:

  • Extends eligibility for health insurance subsidies (Premium Tax Credits) to individuals and families earning above 400% of the federal poverty line.
  • Maintains higher levels of financial assistance for insurance premiums, helping to lower monthly out-of-pocket costs for policyholders.
  • Unused funds designated for assistance to Argentina are canceled (rescinded) to offset the cost of extending these healthcare benefits.
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. Horsford, Steven [D-NV-4].

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 2026-01-21.

CATEGORIES

Health Taxes Economy