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Search Results: keywords:"credit eligibility expansion"

  • H. R. 2518, titled the "Fishing Industry Credit Enhancement Act of 2025," aims to amend the Farm Credit Act of 1971 to provide better financial support to the commercial fishing industry. It allows farm credit banks and production credit associations to extend credit and...

    Simple Explanation

    H.R. 2518 is a plan to help people who catch fish for a living by letting banks lend them money more easily. This will make it easier for these businesses to get the things they need to keep fishing.

  • The H.R. 247, also known as the "Health Care Affordability Act of 2025", aims to amend the Internal Revenue Code of 1986. It proposes expanding the eligibility for the refundable tax credit given to individuals who have coverage under a qualified health plan. The bill...

    Simple Explanation

    The Health Care Affordability Act of 2025 is a plan to make it easier for more people to get money back when they pay for health insurance, by changing some rules about who can get this help and how much they can get, starting in 2026.