DemocratSecond Degree Amendment · S.Amdt. 1602· Senate(119-SAMDT-1602)

To establish a deficit-neutral reserve fund relating to extending vital enhanced advance premium tax credits.

Rep. Shaheen
Age: 79 years
New Hampshire
Introduced
4/3/2025
Last activity
4/5/2025 — Amendment SA 1602 not agreed to in Senate by Voice Vote.
Sponsored by
Jeanne Shaheen
Cosponsors
Democrat - 2Republican - 1
Changes amendment
119-SAMDT-1717
On the bill
119-HCONRES-14 — Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.
  1. Introduced
  2. Failed

What this amendment would do

Mrs. Shaheen, along with Ms. Murkowski, submitted amendment SA 1602 to the concurrent resolution H. Con. Res. 14. The purpose of this amendment is to set up a deficit-neutral reserve fund relating to extending health care access and affordability for beneficiaries of enhanced advance premium tax credits.

What It Aims to Change or Add

  • Allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, and other appropriate levels in the resolution.

  • Makes adjustments to the pay-as-you-go ledger for legislation relating to securing health care access and affordability for Americans.

  • Includes extending enhanced advance premium tax credits to avoid catastrophic insurance premium hikes for 22,000,000 Americans or the loss of insurance coverage for an additional 4,000,000 Americans.

  • Ensures that any changes do not result in lower coverage rates, reduced benefits, or decreased affordability for beneficiaries receiving coverage through private insurance markets, provided the legislation does not increase the deficit over the total of fiscal years 2025 through 2034.