Congress·In Committee·H.R. 8242

Health Coverage Tax Credit Reauthorization Act of 2026

Health Insurance Tax Credit Extension

Apr 9·View on Congress.gov·Read full text

This bill is one vehicle in a longer effort. See the full story across every version.View effort →

Next up: A house committee

This bill is currently in the early stages of the legislative process after being sent to the House Committee on Ways and Means for review. It is considered active, but no further hearings or votes have been scheduled at this time. There is no companion bill currently associated with this legislation.

Legislative Progress

House

Senate

President

Law

Could go either way

The bill has support from both parties and helps a specific group of vulnerable workers, but it must still pass through the committee process after being expired for several years.

How we got here

This bill’s path across every version that has carried it.

Reintroduced
Reintroduced from H.R. 2914 (118th), which died when its Congress ended.
H.R. 2914 (118th) →

Key Points

This bill brings back a tax credit that helps certain people pay for their health insurance. It would extend the program through the end of 2029 so eligible families can afford their monthly premiums.
The credit is specifically for people who lost their jobs because of international trade or those whose pensions are now managed by the government. It covers a large portion of the cost for private health plans.
The plan is retroactive. This means it would cover the years since the credit originally expired in early 2022, which could help people get money back for insurance they already paid for over the last few years.
By making insurance more affordable, the bill aims to help workers stay covered while they look for new jobs or live on a fixed income after their previous company closed or moved overseas.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Apr 9, 2026House

Referred to the House Committee on Ways and Means.

Apr 9, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes, news coverage, or related bills recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Health Coverage Tax Credit Reauthorization Act of 2026

Bill NumberHR 8242

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(3)

D: 2R: 1

Analysis generated by AI. Always verify with official sources.