3.0.0 3769 2025-07-17T15:40:33Z 2025-07-17T15:40:33Z House H HR 2025-06-05 119 <pre>[Congressional Record Volume 171, Number 96 (Thursday, June 5, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. HORSFORD:H.R. 3769.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the Constitution of theUnited States[Page H2507]</pre> hswm00 Ways and Means Committee House Standing Referred To 2025-06-05T14:04:50Z 2025-06-05 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2025-06-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-06-05 Introduced in House IntroReferral 1000 9 Library of Congress H001066 Rep. Horsford, Steven [D-NV-4] Steven Horsford D NV 4 N M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2025-06-05 True Taxation Taxation 2025-06-25T20:27:32Z

00 2025-06-05 Introduced in House 2025-07-17T15:39:23Z <p><strong>Dependent Income Exclusion Act of 2025</strong></p><p>This bill excludes the wages and net earnings from self-employment of a dependent of a taxpayer&nbsp;from the calculation of total household income for purposes of determining eligibility for and the amount of the refundable premium tax credit, subject to limitations.</p><p>Under current law, eligible taxpayers may be able to claim the premium tax credit, which applies toward the cost of obtaining health insurance through health insurance exchanges. To be eligible for the credit, a taxpayer’s household income must meet or exceed 100% of the federal poverty level (FPL). For tax years before 2021 and after 2025, taxpayers must have a household income that meets or exceeds 100% but is less than 400% of the FPL to be eligible for the tax credit.</p><p>Further, under current law, the calculation of the premium tax credit is based, in part, on taxpayers’ household income such that taxpayers with lower household incomes are eligible for a higher premium tax credit.</p><p>The bill excludes from household income the wages and net earnings from self-employment of a dependent of the taxpayer who (1) is under 18 years old; or (2) is under 24 years old and is, during&nbsp;any five calendar months of the year, a full- or part-time student in an educational organization (excluding for-profit educational institutions), is in an apprentice program, or is participating in a job training program.</p><p>The amount that may be excluded is limited to 15% of the taxpayer’s modified adjusted gross income.&nbsp;</p>

Display Title 45 2025-06-14T04:23:17Z Short Title(s) as Introduced 101 2025-06-14T04:23:17Z Introduced in House IH Official Title as Introduced 6 2025-06-14T04:18:17Z Introduced in House IH Introduced in House 2025-06-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3769ih/xml/BILLS-119hr3769ih.xml 2025-06-05 Referred to the House Committee on Ways and Means. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.