HR. 609In Committee
Assuring Medicare’s Promise Act of 2025
Increase the net investment tax on higher income taxpayers and dedicate the added revenue to the Medicare Part A trust fund while requiring IRS guidance
Plain-English overview
What this bill does
Increase the net investment tax on higher income taxpayers and dedicate the added revenue to the Medicare Part A trust fund while requiring IRS guidance
Key points
- Require IRS guidance
- Transfer tax revenue to Medicare trust fund
- Increase net investment tax
Current status
Where it stands
Status
In Committee
Latest action
2025-01-22 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedFinancial services and investmentsGovernment trust fundsHealth care costs and insuranceHealth programs administration and fundingHospital careIncome tax ratesInterest, dividends, interest rates