Susan Collins (R-ME)

S.Amdt. 3959

S.Amdt. 3959 · Senate amendment

A Republican amendment with no cosponsors

Changes S. 3385 — Lower Health Care Costs Act

Offered

Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.

Its path through Congress

  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 3959, submitted by Ms. Collins, aims to change section 2 of bill S. 3385. Its purpose is to extend and modify the health care premium tax credit.

The amendment intends to make the following changes:

  • Extension of Dates: It changes the date from January 1, 2026, to January 1, 2028, and updates the heading from 2025 to 2027 regarding rules to increase premium assistance amounts.

  • Income Eligibility: It modifies the income eligibility limit for taxpayers. The modified adjusted gross income cannot exceed:

    • $200,000 for a joint return.
    • $150,000 for a head of household.
    • $100,000 in any other case.
  • Premium Contribution: It amends the minimum monthly premium contribution by inserting a reduction of $5.

  • Effective Date: These changes apply to taxable years starting after December 31, 2025.