H.R. 6050

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6050 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6050

To amend the Internal Revenue Code of 1986 to extend certain provisions 
of the health insurance premium tax credit, to rescind unobligated 
balances for providing assistance to Argentina, and for other purposes.

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IN THE HOUSE OF REPRESENTATIVES

November 17, 2025

Mr. Horsford (for himself, Ms. Barragan, Ms. Kelly of Illinois, Ms. 
Plaskett, Ms. Scholten, Ms. Sewell, and Ms. Tokuda) introduced the 
following bill; which was referred to the Committee on Ways and Means, 
and in addition to the Committee on Appropriations, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
of such provisions as fall within the jurisdiction of the committee 
concerned

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A BILL

To amend the Internal Revenue Code of 1986 to extend certain provisions 
of the health insurance premium tax credit, to rescind unobligated 
balances for providing assistance to Argentina, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Helping Every American Lower Their 
Healthcare Act'' or the ``HEALTH Act''.

SEC. 2. EXTENSION OF HEALTH INSURANCE PREMIUM TAX CREDIT PROVISIONS.

(a) Extension of Rule To Allow Credit to Taxpayers Whose Household 
Income Exceeds 400 Percent of Poverty Line.--Subparagraph (E) of 
section 36B(c)(1) of the Internal Revenue Code of 1986 is amended to 
read as follows:
``(E) Temporary rule.--
``(i) In general.--In the case of a taxable 
year beginning before the applicable date, 
subparagraph (A) shall be applied without 
regard to `but does not exceed 400 percent'.
``(ii) Applicable date.--For purposes of 
clause (i), the term `applicable date' means 
the latest date which the Secretary estimates 
will result in--
``(I) the sum of the increase in 
outlays, and the reduction in revenues, 
of the Federal Government by reason of 
this subparagraph and subsection 
(b)(3)(A)(iii), not exceeding
``(II) the decrease in outlays of 
the Federal Government by reason of 
section 3 of the Helping Every American 
Lower Their Healthcare Act.
``(iii) Method of estimation.--To the 
maximum extent practicable, the estimates of 
the Secretary under clause (ii) shall be made 
in the same manner as such estimates are made 
by the Congressional Budget Office and the 
Joint Committee on Taxation with respect to 
proposed legislation.''.
(b) Extension of Rules To Increase Premium Assistance Amounts.--
Clause (iii) of section 36B(b)(3)(A) of such Code is amended--
(1) in the heading, by striking ``for 2021 through 2025'', 
and
(2) in the matter preceding subclause (I), by striking 
``January 1, 2026'' and inserting ``the applicable date (as 
defined in subsection (c)(1)(E))''.
(c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2025.

SEC. 3. RESCISSION OF UNOBLIGATED BALANCES FOR PROVIDING ASSISTANCE TO 
ARGENTINA.

Effective on the date of the enactment of this Act, the unobligated 
balances of any amounts appropriated or otherwise made available for 
providing assistance to Argentina are rescinded.
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