Repeal of certain provisions - notice to the revisor - repeal

10-16-1209. Repeal of certain provisions - notice to the revisor - repeal. (1) Sections 10-16-1205 (2)(e), 10-16-1206 (1.5), and 24-75-201.1 (1)(d)(XXVII)(A) will take effect only if, by December 31, 2025, the United States congress does not enact and the president does not sign federal legislation that extends, recreates, or otherwise reinstates the enhanced premium tax credit for the 2026 plan year. The commissioner shall notify the revisor of statutes in writing if the condition specified in this subsection (1) has occurred by emailing the notice to [email protected]. If the condition specified in this subsection (1) occurs, sections 10-16-1205 (2)(e), 10-16-1206 (1.5), and 24-75-201.1 (1)(d)(XXVII)(A) take effect on January 1, 2026. (2) This section and sections 10-16-1205 (2)(e), 10-16-1206 (1.5), and 24-75-201.1 (1)(d)(XXVII)(A) will be repealed if, on or before December 31, 2025, the United States congress enacts and the president signs federal legislation that extends, recreates, or otherwise reinstates the enhanced premium tax credit for the 2026 plan year with at least the same eligibility and in the same amount as authorized by the amendments to the premium tax credit in the federal American Rescue Plan Act of 2021, Pub.L. 117-2, and the federal Inflation Reduction Act of 2022, Pub.L. 117-169, 136 Stat. 1818 (2022). The commissioner shall notify the revisor of statutes in writing if the condition specified in this subsection (2) has occurred and of the date on which the condition occurred by emailing the notice to [email protected]. This section and sections 10-16-1205 (2)(e), 10-16-1206 (1.5), and 24-75-201.1 (1)(d)(XXVII)(A) are repealed upon the date identified in the notice that the condition specified in this subsection (2) occurred or, if the notice does not specify that date, upon the date of the notice to the revisor of statutes. Source: L. 2025, 1st Ex. Sess.: Entire section added, (HB 25B-1006), ch. 10, p. 45, � 5, effective August 28. Editor's note: As of publication date, the revisor of statutes has not received the notice referred to in subsection (1) or the notice referred to in subsection (2). This section and sections 10-16-1205 (2)(e), 10-16-1206 (1.5), and 24-75-201.1 (1)(d)(XXVII)(A) are repealed upon the date identified in the notice that the condition specified in subsection (2) occurred or, if the notice does not specify that date, upon the date of the notice to the revisor of statutes.