119 HR 3007 IH: Medicare Protection Act of 2025 U.S. House of Representatives 2025-04-24 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 3007IN THE HOUSE OF REPRESENTATIVESApril 24, 2025Mr. Kiley of California introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, 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 concernedA BILLTo amend title XVIII of the Social Security Act to exclude certain sales of principal residences from income related monthly adjustment amount calculations under Medicare.

1.

Short title

This Act may be cited as the Medicare Protection Act of 2025.

2.

Excluding certain sales of principal residences from IRMAA calculation under Medicare

Section 1839(i)(4)(A) of the Social Security Act (42 U.S.C. 1395r(i)(4)(A)) is amended—(1)in clause (i), by striking and at the end;(2)in clause (ii), by striking the period at the end and inserting ; and; and(3)by inserting after clause (ii) the following new clause:(iii)with respect to months in a year beginning on or after January 1, 2025, not including any amount of such adjusted gross income derived from the sale of the principal residence (within the meaning of section 121 of the Internal Revenue Code of 1986) of an individual, unless the sale of a principal residence of such individual has previously been excluded from the term modified adjusted gross income with respect to such individual under this clause..