II 

115TH CONGRESS 

2D SESSION S. 2529 

To amend the Internal Revenue Code of 1986 to reduce the applicable 

percentage under the premium assistance tax credit for households with 

young adults. 

IN THE SENATE OF THE UNITED STATES 

MARCH 8, 2018 

Ms. BALDWIN (for herself, Mrs. GILLIBRAND, Ms. WARREN, and Mr. SANDERS) introduced the following bill; which was read twice and referred to 

the Committee on Finance 

A BILL 

To amend the Internal Revenue Code of 1986 to reduce 

the applicable percentage under the premium assistance 

tax credit for households with young adults. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Advancing Youth En5 rollment Act’’. 


SSpencer on DSKBBXCHB2PROD with BILLS
2 

•S 2529 IS

1 SEC. 2. REDUCTION OF APPLICABLE PERCENTAGE FOR 

2 CERTAIN TAXPAYERS. 

3 (a) IN GENERAL.—Paragraph (3) of section 36B(b) 

4 of the Internal Revenue Code of 1986 is amended by add5 ing at the end the following: 

6 ‘‘(F) REDUCTION OF APPLICABLE PER7 CENTAGE FOR CERTAIN TAXPAYERS.— 

8 ‘‘(i) IN GENERAL.—The initial and 

9 final applicable percentages under clause 

10 (i) of subparagraph (A) (after application 

11 of clause (ii) of such subparagraph) shall 

12 each be reduced (but not below zero) by— 

13 ‘‘(I) in the case of an applicable 

14 taxpayer with an eligible household 

15 member who has not attained 31 

16 years of age as of the close of the tax17 able year, an amount equal to the ap18 plicable percentage of 2.5 percentage 

19 points, and 

20 ‘‘(II) in the case of an applicable 

21 taxpayer with an eligible household 

22 member who has attained at least 31 

23 years of age as of the close of the tax24 able year, an amount equal to the ap25 plicable percentage of— 


SSpencer on DSKBBXCHB2PROD with BILLS
3 

•S 2529 IS

1 ‘‘(aa) 2.5 percentage points, 

2 minus 

3 ‘‘(bb) the amount equal to 

4 the product of 0.5 percentage 

5 points multiplied by the number 

6 of years of age of such eligible 

7 household member as of the close 

8 of the taxable year in excess of 

9 30. 

10 ‘‘(ii) APPLICABLE PERCENTAGE.—For 

11 purposes of clause (i), the applicable per12 centage shall be the amount (expressed as 

13 a percentage) equal to the quotient of— 

14 ‘‘(I) the total number of individ15 uals who— 

16 ‘‘(aa) are taken into account 

17 in determining the applicable tax18 payer’s family size under sub19 section (d)(1) and are covered 

20 under the qualified health plan, 

21 and 

22 ‘‘(bb) have not attained 35 

23 years of age as of the close of the 

24 taxable year, and 


SSpencer on DSKBBXCHB2PROD with BILLS
4 

•S 2529 IS

1 ‘‘(II) the total number of individ2 uals who are described in item (aa) of 

3 subclause (I). 

4 ‘‘(iii) ELIGIBLE HOUSEHOLD MEM5 BER.—For purposes of this subparagraph, 

6 the term ‘eligible household member’ 

7 means the youngest individual who— 

8 ‘‘(I) is taken into account in de9 termining the applicable taxpayer’s 

10 family size under subsection (d)(1) 

11 and is covered under the qualified 

12 health plan, and 

13 ‘‘(II) has attained 18 years of 

14 age but not attained 35 years of age 

15 as of the close of the taxable year. 

16 ‘‘(iv) ROUNDING.—Any reduction de17 termined under clause (i) shall be rounded 

to the nearest 1 18 ⁄10th of 1 percentage 

19 point.’’. 

20 (b) EFFECTIVE DATE.—The amendment made by 

21 this section shall apply to taxable years beginning after 

22 the date of the enactment of this Act. 

Æ 


SSpencer on DSKBBXCHB2PROD with BILLS