Section 1 Short title
This Act may be cited as the “Bipartisan Premium Tax Credit Extension Act”.
Bipartisan Premium Tax Credit Extension Act
A BILL
To amend the Internal Revenue Code of 1986 to extend the enhanced premium tax credit, and for other purposes.
Sec. 2 Extension of enhanced premium tax credit
Extension of rules To increase premium assistance amounts— Clause (iii) of section 36B(b)(3)(A) of the Internal Revenue Code of 1986 is amended—
in the heading, by striking “through 2025” and inserting “through 2026”, and
in the matter preceding subclause (I), by striking “before January 1, 2026” and inserting “before January 1, 2027”.
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 such Code is amended—
in the heading, by striking “through 2025” and inserting “through 2026”, and
by striking “before January 1, 2026” and inserting “before January 1, 2027”.
Effective date— The amendments made by this section shall apply to taxable years beginning after December 31, 2025.