,,ii  #aafth ,,congress  #ast ,session  
,s4 #bgce  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #cj1  
#bjai,ms4 ,baldwin 7for herself1 ,mr4   
,king1 and ,mr4 ,booker7 introduced the 
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to reduce the   
applicable percentage under the premium 
assistance tax credit for households    
with young adults4  #a4 ,short title    
,this ,act may be cited as the          
,advancing ,youth ,enrollment ,act4  #b4
 ,reduction of applicable percentage for
 certain taxpayers  7a7 ,in general     
,paragraph 7#c7 of section #cf;,b7b7 of 
the ,internal ,revenue ,code of #aihf is
 amended by adding at the end the       
following3  7,f7 ,reduction of          
applicable percentage for certain       
taxpayers  7i7 ,in general ,the initial 
and final applicable percentages under  
clause 7i7 of subparagraph 7,a7 7after  
application of clause 7ii7 of such      

subparagraph7 shall each be reduced 7but
 not below zero7 by--  7,i7 in the case 
of an applicable taxpayer with an       
eligible household member who has not   
attained #ca years of age as of the     
close of the taxable year1 an amount    
equal to the applicable percentage of   
#b4e percentage points1 and  7,,ii7 in  
the case of an applicable taxpayer with 
an eligible household member who has    
attained at least #ca years of age as of
 the close of the taxable year1 an      
amount equal to the applicable          
percentage of--  7aa7 #b4e percentage   
points1 minus  7bb7 the amount equal to 
the product of #j4e percentage points   
multiplied by the number of years of age
 of such eligible household member as of
 the close of the taxable year in excess
 of #cj4  7ii7 ,applicable percentage   
,for purposes of clause 7i71 the        
applicable percentage shall be the      
amount 7expressed as a percentage7 equal
 to the quotient of--  7,i7 the total   
number of individuals who-- 7aa7 are    

taken into account in determining the   
applicable taxpayer's family size under 
subsection 7d77#a7 and are covered under
 the qualified health plan1 and  7bb7   
have not attained #ce years of age as of
 the close of the taxable year1 and     
7,,ii7 the total number of individuals  
who are described in item 7aa7 of       
subclause 7,i74  7iii7 ,eligible        
household member ,for purposes of this  
subparagraph1 the term eligible         
household member means the youngest     
individual who-- 7,i7 is taken into     
account in determining the applicable   
taxpayer's family size under subsection 
7d77#a7 and is covered under the        
qualified health plan1 and  7,,ii7 has  
attained #ah years of age but not       
attained #ce years of age as of the     
close of the taxable year4  7iv7        
,rounding ,any reduction determined     
under clause 7i7 shall be rounded to the
 nearest #a_/aj of #a percentage point4 
4  7b7 ,effective date ,the amendment   
made by this section shall apply to     

taxable years beginning after the date  
of the enactment of this ,act4