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Extension of Enhanced Health Care Premium Tax Credits Through 2028.

This act extends enhanced tax credits designed to help citizens pay for health insurance premiums purchased through the marketplace for an additional three years, until the end of 2028. Financial assistance will remain available to individuals across various income levels, including those whose household income exceeds 400% of the federal poverty line. These changes aim to maintain health insurance affordability and take effect starting with the 2026 tax year.
Key points
The enhanced subsidies (Premium Tax Credit) for health insurance premiums are extended for three years, through the end of 2028.
Taxpayers whose income exceeds 400% of the poverty line remain eligible for credits if their premium costs are deemed too high.
The amendments apply to taxable years beginning after December 31, 2025, ensuring continued financial support for coverage.
article Official text account_balance Process page
VOTING RESULTS
2025-12-11
52%
For 51
Against 48
Abstain 0
Full voting results open_in_new
Failed
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_3385
Sponsor: Sen. Schumer, Charles E. [D-NY]
Voting date: 2025-12-11
Voting no: 644
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Lower Health Care Costs Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3385.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What are the main provisions?

Key points include:

  • The enhanced subsidies (Premium Tax Credit) for health insurance premiums are extended for three years, through the end of 2028.
  • Taxpayers whose income exceeds 400% of the poverty line remain eligible for credits if their premium costs are deemed too high.
  • The amendments apply to taxable years beginning after December 31, 2025, ensuring continued financial support for coverage.
What is the specific legal status?

The current status is Failed.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Sen. Schumer, Charles E. [D-NY].

What is the latest detailed status?

The latest detailed status is: Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 51 - 48. Record Vote Number: 644. (CR S8654-8655)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Health Taxes Benefits