Budget & Taxes (Tax Credits)

in committee · United States · House Jul 16, 2026

HR 9768: Tariff Refund Act of 2026

The Tariff Refund Act of 2026 directs the IRS to issue refunds or credits to eligible U.S. citizens who meet specific income and residency criteria. To qualify, an individual must have an adjusted gross income below $200,000, $300,000 for heads of household, or $400,000 for joint filers, and cannot be incarcerated or claimed as a dependent on another's tax return. The bill treats these eligible taxpayers as having already paid a fixed amount of tax toward their 2025 liability, effectively refunding that sum if they have not yet paid it. Payments will be processed electronically to existing bank accounts or Treasury-sponsored accounts, with no interest applied to the refunds. The legislation also includes provisions to prevent duplicate payments and allows dependents of incarcerated individuals to receive funds if the primary earner is ineligible.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief and refunds to eligible middle and lower-income taxpayers, directly advancing tax relief goals.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · United States · House Jul 21, 2026

HR 9801: ABLE MATCH (Making Able a Tool to Combat Hardship) Act

This bill, known as the ABLE MATCH Act, aims to help individuals with disabilities save money by providing a federal tax credit that is automatically deposited into their ABLE savings accounts. The program targets low-income earners by offering a 100% match on up to $2,000 of annual contributions, provided their income falls below 200% of the federal poverty limit, with the credit amount gradually decreasing for higher incomes. To support wider adoption, the legislation also authorizes the Treasury to award $5 million annually in grants to states for promoting these accounts and includes a requirement for collecting demographic data on account holders. These changes are designed to increase financial security for people with disabilities by encouraging savings without jeopardizing their eligibility for other government benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides federal tax credits to low-income individuals with disabilities, directly advancing tax relief and supporting fiscal management for vulnerable populations.92% confidence ✓ HealthcareSupports HealthcareThe bill strengthens financial security for individuals with disabilities by expanding ABLE account funding, which supports long-term healthcare and living expenses.85% confidence

Sub-Topics Tax Credits

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in committee · United States · House Jun 11, 2026

HR 9281: DASH Act

The DASH Act aims to expand affordable housing options for low-income individuals, homeless persons, and first-time homebuyers by creating new federal programs and modifying existing tax laws. A primary component is the creation of 250,000 new rental vouchers in 2026 for people experiencing homelessness or at risk of homelessness, which includes funding for supportive services like healthcare and job training, as well as requirements for public housing agencies to prioritize youth and families. The bill also establishes a modular construction pilot program to lower building costs, a grant system to reward local governments that adopt zoning rules allowing denser housing like duplexes and accessory dwelling units, and a new tax credit to help low-income families purchase starter homes in distressed communities. Additionally, the legislation introduces a new refundable tax credit for first-time homebuyers, expands tax incentives for middle-income housing, and makes several adjustments to how homeowners can deduct losses or handle debt discharges related to their principal residences.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates new federal programs and modifies tax laws to fund affordable housing and homeless services, directly advancing the budget and taxes topic.85% confidence ✓ HousingSupports HousingBill creates 250,000 rental vouchers for homeless individuals and funds supportive services, directly advancing affordable housing and homelessness prevention.95% confidence

Sub-Topics Tax Credits Affordable Housing Homelessness Zoning

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in committee · United States · House Jul 17, 2026

HR 9586: Delivering Priority Legislation Act

The Delivering Priority Legislation Act is a comprehensive bill that amends several existing federal laws to address a wide range of policy areas, including small business innovation, outdoor education, nuclear security, family leave, housing, and national security. It extends funding for small business research programs, reauthorizes the Every Kid Outdoors initiative, and establishes a new National Nuclear Forensics Center to combat nuclear terrorism. The legislation also modifies the Family and Medical Leave Act to allow more flexible leave schedules, creates a tax credit for purchasing hearing aids, and requires an intelligence report on artificial intelligence systems developed in China. Additionally, it adds a criminal penalty for using corporations to hide election contributions from foreign nationals and provides specific funding for various government agencies.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends funding for small business research and reauthorizes outdoor education, indicating increased government spending on public programs.85% confidence ✓ EnvironmentSupports EnvironmentBill reauthorizes Every Kid Outdoors, an initiative focused on outdoor education and conservation, indicating support for environmental protection.85% confidence

Sub-Topics Procurement Tax Credits

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in committee · United States · Senate Jun 24, 2026

S 4881: Unlocking Low-Income Taxpayer Clinic Funding Act

This bill, titled the Unlocking Low-Income Taxpayer Clinic Funding Act, changes how federal grants are distributed to organizations that help low-income individuals with their taxes. Under the new rules, these clinics must provide matching funds equal to the grant amount they receive, but the matching funds can include salaries, fringe benefits, and equipment costs rather than just cash. The law requires this match to be 100 percent of the grant, though the IRS director has the option to lower the requirement to as little as 25 percent if doing so would help more taxpayers access the clinics. These changes take effect for tax years starting after the bill is signed into law.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases funding for Low-Income Taxpayer Clinics, expanding access to tax assistance for low-income individuals.85% confidence

Sub-Topics Tax Credits

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in committee · United States · House Jul 14, 2026

HR 9555: Home Mortgage Interest Credit Act of 2026

This bill creates a new tax credit for homeowners who pay interest on loans used to buy, build, or improve their primary residences. The credit allows taxpayers to directly reduce their federal income tax liability by up to $2,000 annually, or $1,000 for married individuals filing separately, provided their modified adjusted gross income does not exceed specific thresholds that vary by filing status. The amount of the credit is reduced by $20 for every $1,000 that a taxpayer's income exceeds these limits, and the provision includes an automatic inflation adjustment mechanism starting in 2028. This legislation applies to taxable years beginning after December 31, 2026, and excludes nonresident aliens from claiming the benefit.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides a tax credit for homeowners, offering direct tax relief and reducing federal income tax liability for eligible taxpayers.85% confidence ✓ HousingSupports HousingBill provides tax credits to homeowners for mortgage interest, financially supporting housing ownership and development.85% confidence

Sub-Topics Income Tax Tax Credits Mortgages

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in committee · United States · Senate Jun 24, 2026

S 4918: Right Start Child Care and Education Act of 2026

The Right Start Child Care and Education Act of 2026 creates a new federal tax credit to support individuals working in licensed child care facilities. This credit provides up to $4,500 annually for workers with a bachelor's degree in early childhood education or related fields, $3,000 for those with an associate's degree, and $1,500 for other eligible providers. To qualify, workers must perform at least 1,200 hours of child care services per year at a licensed facility that is not primarily their home, and the bill limits the credit to a maximum of three consecutive years per individual. The legislation applies to tax years beginning after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new federal tax credit to support child care workers, directly advancing fiscal incentives for public service.90% confidence ✓ EducationSupports EducationBill creates a federal tax credit to financially reward and retain early childhood education workers, directly supporting educators and improving access to quality care.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides federal tax credits to child care workers based on education and hours worked, directly increasing compensation and supporting the workforce.85% confidence

Sub-Topics Tax Credits

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in committee · United States · House Jul 14, 2026

HR 9554: Senior Accessible Housing Tax Credit Act of 2026

The Senior Accessible Housing Tax Credit Act of 2026 creates a new tax credit for individuals aged 60 or older to help cover the costs of home modifications that improve accessibility and safety. This credit allows eligible taxpayers to claim up to $10,000 for expenses related to installing features such as wheelchair ramps, widening doorways, adding grab bars, and replacing bathroom fixtures. The amount of the credit is reduced based on the taxpayer's income, with the full benefit available to those earning less than $100,000 annually, and the law also authorizes $500 million in federal grants to the Department of Housing and Urban Development to fund additional home modification projects for older adults from 2027 through 2031.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit to reduce financial burden on seniors for home modifications, providing tax relief.90% confidence ✓ HousingSupports HousingBill creates a tax credit to fund home modifications for seniors, directly supporting accessible housing and improving housing safety.95% confidence

Sub-Topics Tax Credits Affordable Housing Property Development

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in committee · United States · House Jun 18, 2026

HR 9378: Grocery Affordability Act

The Grocery Affordability Act creates a new tax credit to encourage the opening and renovation of grocery stores in designated food deserts. This credit allows eligible businesses to claim up to $500,000, calculated as 30 percent of the store's basis or renovation costs, provided the location meets specific criteria regarding distance from existing stores and poverty levels. To qualify, a grocery store must sell at least 35 percent of its goods in fresh produce, meat, dairy, and baked items, while a food desert is defined as an area where many residents live more than one or ten miles away from such a store depending on whether it is in a metropolitan area. The bill applies to taxable years beginning after December 31, 2026, and requires the Treasury Secretary to work with the Department of Agriculture to determine which areas qualify for the credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit to encourage grocery store openings in food deserts, providing financial relief to businesses and promoting access to essential services.85% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · United States · House Jun 24, 2026

HR 9438: SKILL Act

The SKILL Act creates a new tax credit for employers who partner with public colleges and community colleges to develop short-term training programs lasting two years or less. To qualify, employers must be certified by their state agency for contributing to these programs through activities like co-designing curricula, offering apprenticeships, or donating equipment. The credit allows eligible businesses to claim up to $2,500 per student who earns a credential or is hired full-time after completing the program, with a total national spending cap of $500 million per year from 2027 to 2031. State agencies will distribute the available funds to employers on a competitive basis, and the law takes effect for tax years ending after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit for employers partnering with colleges, providing fiscal relief to businesses and encouraging workforce development.85% confidence ✓ EducationSupports EducationThe bill creates tax credits to incentivize employer partnerships in short-term training, expanding educational access and workforce development opportunities.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides tax credits for employer training programs, enhancing workforce skills and employment opportunities.90% confidence

Sub-Topics Government Spending Tax Credits Tax Incentives Career & Technical Education Apprenticeships Workforce Development

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