S. 2824Senate119th Congress (2025-2027)In Committee

A bill to amend the Internal Revenue Code of 1986 to extend the temporary enhanced premium credits.

AI-Generated Summary

Updated November 23, 2025 at 9:59 PM UTC

This bill extends the temporary enhanced premium tax credits that help lower the cost of health‑insurance coverage. The extension moves the end date from early 2026 to early 2028, so individuals and families receiving these subsidies—including those with higher incomes—will continue to get the extra credit for two more years. The changes take effect for tax years starting after December 31, 2025.

Key Provisions

Changes the expiration date for the temporary enhanced premium tax credits from January 1, 2026 to January 1, 2028.
Updates the related heading year from 2025 to 2027 to reflect the new extension period.
Extends the same date change for taxpayers whose household income is above 400 percent of the poverty line.
Makes the extensions effective for taxable years beginning after December 31, 2025.

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action

SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

Finance Committee

September 16, 2025

View full timeline

SenateIntro Referral

Introduced in Senate

September 16, 2025

SenateIntro Referral

Read twice and referred to the Committee on Finance.

Finance Committee

September 16, 2025

Bill Text

Latest available legislative text

Reading Mode

Raw Text PDF XML

Introduced in SenateIssued September 16, 2025

119th CONGRESS

1st Session

S. 2824

IN THE SENATE OF THE UNITED STATES

September 16, 2025

Ms. Murkowski introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to extend the temporary enhanced premium credits.

Extension of temporary enhanced premium credits

(a)

In general

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)

Taxpayers whose household income exceeds 400 percent of the poverty line

Section 36B(c)(1)(E) 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.

(c)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2025.