[Congressional Record Volume 172, Number 94 (Wednesday, June 3, 2026)]
[Senate]
[Page S2533]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 5488. Ms. BALDWIN (for herself and Mrs. Shaheen) submitted an
amendment intended to be proposed to amendment SA 5453 proposed by Mr.
Graham to the bill S. 2, to provide for reconciliation pursuant to
title II of S. Con. Res. 33; which was ordered to lie on the table; as
follows:
At the appropriate place, insert the following:
SEC. _____. PERMANENT EXTENSION OF ENHANCED TAX CREDIT.
(a) In General.--Subparagraph (A) of section 36B(c)(1) of
the Internal Revenue Code of 1986 is amended by striking
``but does not exceed 400 percent''.
(b) Applicable Percentages.--
(1) In general.--Subparagraph (A) of section 36B(b)(3) of
the Internal Revenue Code of 1986 is amended to read as
follows:
``(A) Applicable percentage.--The applicable percentage for
any taxable year shall be the percentage such that the
applicable percentage for any taxpayer whose household income
is within an income tier specified in the following table
shall increase, on a sliding scale in a linear manner, from
the initial premium percentage to the final premium
percentage specified in such table for such income tier:
------------------------------------------------------------------------
The initial The final
``In the case of household income (expressed premium premium
as a percent of poverty line) within the percentage percentage
following income tier: is-- is--
------------------------------------------------------------------------
Up to 150 percent............................. 0 0
150 percent up to 200 percent................. 0 2.0
200 percent up to 250 percent................. 2.0 4.0
250 percent up to 300 percent................. 4.0 6.0
300 percent up to 400 percent................. 6.0 8.5
400 percent and higher........................ 8.5 8.5.''.
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(2) Conforming amendments relating to affordability of
coverage.--
(A) Paragraph (1) of section 36B(c) of such Code is amended
by striking subparagraph (E).
(B) Subparagraph (C) of section 36B(c)(2) of such Code is
amended by striking clause (iv).
(C) Paragraph (4) of section 36B(c) of such Code is amended
by striking subparagraph (F).
(c) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2025.
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