Bill · H.R. 8242· House(119-HR-8242)
Health Coverage Tax Credit Reauthorization Act of 2026
- Introduced
- 4/9/2026
- Last activity
- 4/9/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Michael Turner
- Cosponsors
- - 1 - 3
- Introduced
- In Committee
What this bill would do
This bill, known as the "Health Coverage Tax Credit Reauthorization Act of 2026," aims to amend the Internal Revenue Code of 1986. It specifically seeks to extend the health coverage tax credit. The legislation proposes changing the expiration date of this credit from before January 1, 2022, to before January 1, 2030. These changes would apply to months beginning after December 31, 2021.
Yes· 3 of 7
Would households on low incomes be better off under this?+5
The extension of the health coverage tax credit provides direct financial relief for those purchasing health coverage.
Would middle-income households be better off under this?+5
The bill extends a tax credit that helps middle-income families afford health coverage.
Does this cut taxes for middle-income families?+5
The bill extends the health coverage tax credit, which reduces the tax burden for qualifying families.
The opposite
Does this reduce what the federal government spends?-2
Extending a tax credit reduces federal revenue and effectively increases government spending through lost tax receipts.
Who it would affect, and how
Potential Positive Impacts for People
- Extension of Tax Credit: The bill amends Section 35(b)(1)(B) of the Internal Revenue Code of 1986 to extend the health coverage tax credit until before January 1, 2030, which provides a longer duration for the credit.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Middle Class Households+5Good For Young Adults+3Good For Women+2
- Healthcare
- Increases Affordable Care Act Support+4
- Economy And Finance
- Reduces Middle Class Taxes+5Reduces Government Spending-2
- Social Issues And Justice
- Improves Poverty Reduction+3
- 4/15/2026
- 1 Cosponsor added.
- 4/9/2026
- Referred to the House Committee on Ways and Means.
- 3 Cosponsors added.
- Introduced in House
Jared GoldenDemocrat · Maine
Kristen McDonald RivetDemocrat · Michigan
Haley StevensDemocrat · Michigan
Claudia TenneyRepublican · New York