House Republican Leadership has released the below summary of changes made to the Budget Committee’s legislative text of H.R. 1 by the Manager’s Amendment that was posted by the House Rules Committee this evening. In addition, here is the Comparative Print showing the differences between H.R. 1 (as reported by the Budget Committee) and the Rules Committee Print. Title IV – Energy and Commerce Committee
- Amends Sec. 44108 to move the implementation date for biannual redeterminations of coverage for adults covered by Medicaid expansion to December 31, 2026.
- Amends Sec. 44122 to move the implementation date for limiting retroactive coverage in Medicaid to December 31, 2026.
- Amends Sec. 44141 to move the implementation date for Medicaid work requirements to December 31, 2026, with guidance for states to adopt work requirements as soon as December 31, 2025.
- Amends Sec. 44141 to eliminate the discretion of future administrations to waive work requirements for various populations.
- Amends Sec. 44125 to ensure federal Medicaid does not fund gender transition therapies or procedures for minors or adults.
- Amends Sec. 44133 to adjust the limits on new state-directed payments (SDPs), providing non-Medicaid expansion states with a cap of 110% of the Medicare rate for a given health care service, grandfathering in any existing SDPs above that rate in such states. The cap of 100% of the Medicare rate for new SDPs in Medicaid expansion states, and the grandfathering of any existing SDPs above that rate in such states, remain unchanged.
- Inserts a new section (Sec. 44202) to appropriate cost-sharing reduction payments (CSRs) for low-income beneficiaries in the individual market.
Title VI – Homeland Security Committee
- Inserts a new section (Sec. 60004) providing $12 billion to reimburse states for actions taken to deter, mitigate, or prevent unlawful or illicit activities related to border security.
Title VII – Judiciary Committee
- Amends Sec. 70200 to modify the provision requiring Congressional approval of major rules that increase revenue prior to them coming into effect (REINS Act) to maintain privilege in the Senate.
Title VIII – Natural Resources Committee
- Strikes Secs. 80315, 80316, and 80317, which would have allowed for the sale of public lands in Nevada and Utah.
Title IX – Oversight Committee
- Strikes Sec. 90002, which would have based a retiree’s annuity payment on their average highest five earning years instead of highest three.
Title XI – Ways and Means Committee
- Amends Sec. 112008, Sec. 112009, and Sec. 112012 to revise the treatment of nuclear energy. These provisions:
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- Change the implementation standard from “property placed in service” to “commence construction” to determine nuclear project eligibility for the Production Tax Credit (45Y), Investment Tax Credit (45E), and Nuclear Production Tax Credit (45U).
- Allow transferability for nuclear energy only.
- Move the expiration date of the Nuclear Production Tax Credit (45U) to December 31, 2031.
- Amends Sec. 112008 and Sec. 112009 to modify the Production Tax Credit (45Y) and the Investment Tax Credit (45E):
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- Move the implementation date of tightened Foreign Entity of Concern rules to December 31, 2025.
- Eliminate the phase-out of both credits from 2029 to 2031, closing eligibility for both credits on December 31, 2028, maintaining the “property placed in service” implementation standard to determine credit eligibility.
- Create a new “commenced construction” deadline of December 31, 2025, to determine credit eligibility.
- Prohibit leasing arrangements for residential and farm solar credit eligibility.
- Amends Sec. 112018 to cap the state and local tax deduction at $40,000 per household up to income of $500,000 then phases down. Both the cap and income level would increase by 1% annually over the 10-year window.
- Amends Sec. 112029 to strike the registration requirement for firearm silencers and take the manufacturer tax on silencers to $0