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To repeal certain funding increases provided under the One Big Beautiful Bill Act to Immigrations and Custom Enforcement, and to reallocate those funds to extend certain healthcare tax credits.
Summary
The bill repeals certain funding increases for Immigration and Customs Enforcement that were provided under Public Law 119-21 and rescind those appropriated amounts. The rescinded funds are reallocated to the Department of Treasury to extend healthcare tax credits under section 36B of the Internal Revenue Code. The bill requires the Secretary of Treasury to publish an annual report on how the reallocated funds are used, including the number of individuals who retained tax credit eligibility. The bill also requires the Treasury Inspector General for Tax Administration to conduct annual audits of the use of these funds.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Moulton, Seth [D-MA-6] (D-MA)
9 cosponsors
- Rep. Carson, André [D-IN-7] (D-IN)
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX)
- Rep. Larson, John B. [D-CT-1] (D-CT)
- Rep. Latimer, George [D-NY-16] (D-NY)
- Rep. Panetta, Jimmy [D-CA-19] (D-CA)
- Rep. Pocan, Mark [D-WI-2] (D-WI)
- Rep. Soto, Darren [D-FL-9] (D-FL)
- Rep. Thanedar, Shri [D-MI-13] (D-MI)
- Rep. Torres, Ritchie [D-NY-15] (D-NY)
Actions (3)
- Jan 15, 2026 Referred to the Subcommittee on Border Security and Enforcement. · house
- Jan 14, 2026 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. · house
- Jan 14, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
January 14, 2026
Mr. Moulton (for himself, Mr. Carson, Mr. Soto, and Ms. Garcia of Texas) introduced the following bill; which was 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
A BILL
To repeal certain funding increases provided under the One Big Beautiful Bill Act to Immigrations and Custom Enforcement, and to reallocate those funds to extend certain healthcare tax credits.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Healthcare Reinvestment Act”.
SEC. 2. HEALTHCARE REINVESTMENT OF RESCINDED FUNDS.
(a) Repeal.—Sections 100052, 100053, 100054, and 100055 of Public Law 119-21 are repealed, and all provisions of law classified to title 6 or 8 of the Untied States Code shall be applied as if such sections had not been enacted.
(b) Rescission.—The amounts appropriated under sections 100052, 100053, 100054, and 100055 of Public Law 119-21 are hereby rescinded.
(c) Reallocation.—Amounts rescinded under subsection (b) shall be transferred and made available, without fiscal year limitation, to the Secretary of the Treasury to extend the application of subsections
(b)(3)(A)(iii) and (c)(1)(E) of section 36B of the Internal Revenue Code of 1986.
SEC. 3. PUBLIC TRANSPARENCY AND ACCOUNTABILITY.
(a) Annual Report.—The Secretary of the Treasury shall make publicly available an annual written report on the use of funds made available under section 2(c), including the number of individuals who retained eligibility for tax credits under section 36B of the Internal Revenue Code of 1986.
(b) Inspector General Oversight.—The Treasury Inspector General for Tax Administration shall conduct annual audits of the use of funds made available under section 2(c). <all>
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