S.Amdt. 3959

SA 3959. Ms. COLLINS submitted an amendment intended to be proposed
by her to the bill S. 3385, to amend the Internal Revenue Code of 1986
to extend the enhancement of the health care premium tax credit; which
was ordered to lie on the table; as follows:

Strike section 2 and insert the following:

SEC. 2. EXTENSION OF ENHANCED PREMIUM TAX CREDIT.

(a) Extension of Rules to Increase Premium Assistance
Amounts.--Clause (iii) of section 36B(b)(3)(A) of the
Internal Revenue Code of 1986 is amended--
(1) by striking ``January 1, 2026'' and inserting ``January
1, 2028'', and
(2) by striking ``2025'' in the heading and inserting
``2027''.
(b) Modification of Income Eligibility Limit.--
(1) In general.--Section 36B(c)(1)(A) of the Internal
Revenue Code 1986 is amended--
(A) by striking ``a taxpayer whose household income'' and
inserting ``a taxpayer whose--
``(i) household income'', and
(B) by striking the period at the end and inserting the
following ``, and
``(ii) whose modified adjusted gross income does not
exceed--

``(I) $200,000, in the case of a joint return,
``(II) $150,000, in the case of a head of household, or
``(III) $100,000, in any other case.''.

(2) Conforming amendment.--Section 36B(c)(1) is amended by
striking subparagraph (E).
(c) Minimum Monthly Premium Contribution.--Section
36B(b)(2)(A) of the Internal Revenue Code of 1986 is amended
by inserting ``, reduced by $5'' after ``1311 of the Patient
Protection and Affordable Care Act''.
(d) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2025.
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