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H.R. 952House117th Congress (2021-2023)In Committee

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

Sponsored by Mikie SherrillRep. Mikie Sherrill (D-NJ)
Introduced February 8, 2021

AI-Generated Summary

Updated February 7, 2026 at 10:30 PM UTC

The bill temporarily stops the requirement that taxpayers repay any excess advance premium tax credit they received for the 2020 tax year. It changes the Internal Revenue Code so the usual limitation on reconciling those credits does not apply for 2020. This affects individuals who got advance payments of the health‑insurance subsidy and must file a tax return for that year.

Key Provisions

  • Adds a new clause to Section 36B(f)(2)(B) stating that for taxable years beginning in 2020, the limitation on increase (subparagraph A) is treated as not applying, thereby suspending the recapture of overpaid advance premium tax credits.
  • Specifies that the amendment takes effect for taxable years beginning after December 31, 2019, i.e., the 2020 tax year.

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

February 8, 2021

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HouseIntro Referral

Introduced in House

February 8, 2021

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

February 8, 2021

Bill Text

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Introduced in HouseIssued February 8, 2021

I

117th CONGRESS

1st Session

H. R. 952

IN THE HOUSE OF REPRESENTATIVES

February 8, 2021

Ms. Sherrill (for herself and Mr. Suozzi) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

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

1.

Temporary modification of limitations on reconciliation of tax credits for coverage under a qualified health plan with advance payments of such credit

(a)

In general

Section 36B(f)(2)(B) of the Internal Revenue Code of 1986 is amended by adding at the end the following new clause:

(iii)

Temporary modification of limitation on increase

In the case of any taxable year beginning in 2020, for any taxpayer who files for such taxable year an income tax return reconciling any advance payment of the credit under this section, the Secretary shall treat subparagraph (A) as not applying.

.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2019.