Sec. 201. Enhancement of premium assistance credit
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Clause
(i)of section 36B(b)(2)(B) of the Internal Revenue Code of 1986 is amended by striking applicable second lowest cost silver plan and inserting applicable second lowest cost gold plan . Section 36B(c)(4)(C)(i)(I) of such Code is amended by striking second lowest cost silver plan and inserting second lowest cost gold plan . Subparagraphs
(B)and
(C)of section 36B(b)(3) of such Code are each amended by striking silver plan each place it appears in the text and the heading and inserting gold plan . Section 36B(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent . Clause
(i)of section 36B(f)(2)(B) of such Code is amended— by striking In the case of and all that follows through the amount of and inserting The amount of ; and by striking but less than 400% in the table therein. Subparagraph
(A)of section 36B(b)(3) of the Internal Revenue Code of 1986 is amended to read as follows: 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: In the case of household income (expressed as a percent of poverty line) within the following income tier: The initial premium percentage is— The final premium percentage is— 100% through 133% 0.0% 1.0% 133% through 150% 1.0% 2.0% 150% through 200% 2.0% 4.0% 200% through 250% 4.0% 6.0% 250% through 300% 6.0% 7.0% 300% through 400% 7.0% 8.5% Over 400% 8.5% 8.5% . Subsections (c)(2)(C)(iv) and (c)(4)(F) of section 36B of the Internal Revenue Code of 1986 are each amended by inserting (as in effect before the date of the enactment of the after Consumer Health Insurance Protection Act of 2018 ) subsection (b)(3)(A)(ii) . The amendments made by this section shall apply to taxable years beginning after December 31, 2019.