Amendment · S.Amdt. 4612· Senate(119-SAMDT-4612)

S.Amdt. 4612

Age: 74 years

Colorado

Changes bill: 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

The purpose of this amendment is to extend the enhancement of the health care premium tax credit. It aims to add the following changes to the bill:

Extend Premium Assistance: It changes the dates in the Internal Revenue Code of 1986 to extend rules that increase premium assistance amounts through 2027 and before January 1, 2028.
Income Limit Extension: It extends the rule that allows the credit for taxpayers with a household income exceeding 400 percent of the poverty line through 2027 and before January 1, 2028.
Effective Date: These changes apply to taxable years starting after December 31, 2025.
Rescission: It rescinds $75,000,000,000 from the unobligated balances appropriated to U.S. Immigration and Customs Enforcement for fiscal year 2026.