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US HB7071
Bill
Status
1/14/2026
Primary Sponsor
Seth Moulton
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AI Summary
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Repeals sections 100052, 100053, 100054, and 100055 of Public Law 119–21 (the One Big Beautiful Bill Act), which provided funding increases to Immigration and Customs Enforcement
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Rescinds all appropriations made under those repealed ICE funding sections
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Transfers rescinded funds to the Secretary of the Treasury to extend premium tax credit provisions under section 36B of the Internal Revenue Code, specifically subsections related to healthcare affordability
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Requires the Secretary of the Treasury to publish annual reports on fund usage, including the number of individuals who retained eligibility for section 36B healthcare tax credits
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Mandates the Treasury Inspector General for Tax Administration to conduct annual audits of the reallocated funds
Legislative Description
Healthcare Reinvestment Act
Health
Last Action
Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, 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.
1/14/2026