H.R. 3007

119 HR 3007 IH: Medicare Protection Act of 2025
 U.S. House of Representatives
 2025-04-24
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 I  119th CONGRESS  1st Session  H. R. 3007  IN THE HOUSE OF REPRESENTATIVES   April 24, 2025   Mr. Kiley of California  introduced the following bill; which was referred to the  Committee on Energy and Commerce , and in addition to the Committee on  Ways and Means , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned   A BILL
To amend title XVIII of the Social Security Act to exclude certain sales of principal residences from income related monthly adjustment amount calculations under Medicare.
1.
Short title
This Act may be cited as the   Medicare Protection Act of 2025  .
2.
Excluding certain sales of principal residences from IRMAA calculation under Medicare
Section 1839(i)(4)(A) of the Social Security Act ( 42 U.S.C. 1395r(i)(4)(A) ) is amended—
(1)
in clause (i), by striking  and  at the end;
(2)
in clause (ii), by striking the period at the end and inserting  ; and ; and
(3)
by inserting after clause (ii) the following new clause:
(iii)
with respect to months in a year beginning on or after January 1, 2025, not including any amount of such adjusted gross income derived from the sale of the principal residence (within the meaning of  section 121  of the Internal Revenue Code of 1986) of an individual, unless the sale of a principal residence of such individual has previously been excluded from the term  modified adjusted gross income  with respect to such individual under this clause.
 .