We have received text from H.R. 6246: Save American Healthcare Act. This bill was received on 2025-11-21, and currently has no cosponsors.
Here is a short summary of the bill:
This proposed legislation, titled the Save American Healthcare Act , aims to amend the Internal Revenue Code of 1986 concerning health insurance premium tax credits. The key components of the bill are as follows:
Extension of Health Insurance Premium Tax Credits
The bill seeks to extend certain provisions regarding health insurance premium tax credits that allow taxpayers with household incomes above 400 percent of the poverty line to qualify for these credits.
Temporary Rule for Taxpayers
- The current tax code provisions allowing premium tax credits will be modified so that taxpayers can receive credits without being limited to the income cap of 400 percent of the poverty line.
- This temporary rule is applicable to taxable years before a specified 'applicable date' set by the Secretary, which is determined based on fiscal impacts not exceeding certain thresholds.
- To define this applicable date, the bill states it will be the latest date estimated to balance out federal government outlays and revenue reductions due to these tax credits with revenue collected from newly imposed or increased tariffs after a defined date (January 19, 2025).
Increased Premium Assistance Amounts
The bill also proposes to extend rules that increase the amounts of premium assistance available to eligible individuals. This would replace current temporary provisions that only apply through the year 2025, allowing for a more extended period where increased assistance could be offered.
Effective Date
The changes introduced by this bill would come into effect for taxable years beginning after December 31, 2025, meaning the enhancements to tax credits and assistance would apply starting in the following tax year.
Funding Mechanisms
The funding for the extended tax credits and increased premium assistance would be sourced from additional tariff revenue, which is expected from tariffs imposed or increased after January 19, 2025, highlighting the bill's reliance on external revenue sources to offset federal costs.
Summary of Key Effects
- Taxpayers can receive health insurance premium tax credits regardless of whether their income exceeds 400 percent of the poverty line, temporarily.
- The increase in assistance amounts for health insurance premiums will be extended beyond the previously limited period.
- Financial adjustments will be guided by tariff revenue, aiming for a balance between increased government outlays for health care credits and incoming funds from tariffs.
Relevant Companies
None found
Representative Shri Thanedar Bill Proposals
Here are some bills which have recently been proposed by Representative Shri Thanedar:
- H.R.6246: To amend the Internal Revenue Code of 1986 to extend certain provisions of the health insurance premium tax credit using tariff revenue.
- H.R.5809: Fight Hunger Act
- H.R.5662: Improving Access to Institutional Mental Health Care Act
- H.R.5611: Mental Health Care Provider Retention Act of 2025
- H.R.5561: Picket Line Protection Act of 2025
- H.R.4944: Ending Qualified Immunity for ICE Agents Act
You can track bills proposed by Representative Shri Thanedar on Quiver Quantitative's politician page for Thanedar.
Representative Shri Thanedar Net Worth
Quiver Quantitative estimates that Representative Shri Thanedar is worth $40.7M, as of December 12th, 2025. This is the 37th highest net worth in Congress, per our live estimates.
Thanedar has approximately $5.8M invested in publicly traded assets which Quiver is able to track live.
You can track Representative Shri Thanedar's net worth on Quiver Quantitative's politician page for Thanedar.
Representative Shri Thanedar Stock Trading
We have data on up to $2.3M of trades from Representative Shri Thanedar, which we parsed from STOCK Act filings. Some of the largest trades include:
- A January 23rd, 2023 sale of up to $250K of $APO. The stock has risen 118.38% since then.
- A January 23rd, 2023 sale of up to $100K of $AXP. The stock has risen 149.93% since then.
- A August 1st, 2022 sale of up to $100K of $TSLA. The stock has risen 50.33% since then.
- A January 23rd, 2023 sale of up to $50K of $CG. The stock has risen 73.98% since then.
- A April 2nd, 2024 sale of up to $50K of $AAPL. The stock has risen 64.67% since then.
You can track Representative Shri Thanedar's stock trading on Quiver Quantitative's politician page for Thanedar.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
