Text of Senate Amendment 4612

On Tue Mar 17, Senator John W. Hickenlooper (D-CO) delivered a floor speech titled "Text Of Senate Amendment 4612" in the Senate. The speech addressed immigration and also covered healthcare, taxes. It referenced legislation including S1275, S1383.

Text of Senate Amendment 4612

Congressional Record, Volume 172 Issue 49 (Wednesday, March 18, 2026) [Congressional Record Volume 172, Number 49 (Wednesday, March 18, 2026)] [Senate] [Page S1275] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 4612. Mr. HICKENLOOPER submitted an amendment intended to be proposed by him to the bill S. 1383, to establish the Veterans Advisory Committee on Equal Access, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. EXTENSION OF ENHANCEMENT OF HEALTH CARE PREMIUM TAX CREDIT. (a) 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-- (1) in the heading, by striking ``through 2025'' and inserting ``through 2027'', and (2) in the matter preceding subclause (I), by striking ``before January 1, 2026'' and inserting ``before January 1, 2028''. (b) 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 the Internal Revenue Code of 1986 is amended-- (1) in the heading, by striking ``through 2025'' and inserting ``through 2027'', and (2) by striking ``before January 1, 2026'' and inserting ``before January 1, 2028''. (c) Effective Date.--The amendments made by subsections (a) and (b) shall apply to taxable years beginning after December 31, 2025. (d) Rescission.--Of the unobligated balances of the amounts appropriated to U.S. Immigration and Customs Enforcement for fiscal year 2026, $75,000,000,000 is rescinded. ______