Budget & Taxes

in committee · United States · Senate Apr 30, 2026

S 4479: ACCESS Act

The ACCESS Act expands Medicaid coverage to include services in assisted living facilities for individuals who currently require nursing home-level care, provided they meet state income and resource limits. This change aims to lower costs by ensuring that the average expense for these residents does not exceed the cost of their care in a hospital or nursing facility. Additionally, the bill allows the Low-Income Housing Tax Credit to be used for projects that reduce long-term medical costs for the elderly by offering care in non-institutional settings. These provisions are scheduled to take effect on January 1, 2027, with a grace period for states needing to update their legislation to comply.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill aims to lower healthcare costs and expand Medicaid coverage, promoting fiscal responsibility by reducing long-term medical expenses.75% confidence ✓ HealthcareSupports HealthcareThe bill expands Medicaid coverage to assisted living facilities, directly increasing access to health services and reducing costs for individuals requiring long-term care.95% confidence

Sub-Topics Tax Credits Hospitals Long-Term Care Medicaid Tags Seniors

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in committee · United States · House Apr 30, 2026

HR 8591: No Capital Gains Tax on Family Farms Act

This bill, titled the No Capital Gains Tax on Family Farms Act, would allow farmers to sell their land to immediate family members without paying capital gains tax on the profit. To qualify, the property must have been used as a farm for at least two years within the eight years prior to the sale, and the buyer must be a spouse, lineal descendant, or their spouse. If the new owner keeps the farm for ten years, the property's tax basis will be adjusted upward to reflect its fair market value at the time of the sale. The law applies to sales occurring after its enactment and requires the IRS to issue regulations to guide its implementation.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by exempting capital gains on family farm land sales, reducing the tax burden for farmers.90% confidence

Tags Agriculture

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in committee · United States · House Apr 28, 2026

HR 8564: Local Law Enforcement Support Act of 2026

The Local Law Enforcement Support Act of 2026 expands funding opportunities for local police departments through the Byrne JAG and COPS programs. These funds can be used to recruit and train officers, purchase protective gear, and acquire specific tools like digital forensics equipment, drone technology, and ballistics analysis systems. The bill also allows for investments in software for cyber investigations and victim services. By adding these categories to the list of eligible expenses, the legislation provides law enforcement agencies with more options for addressing modern crime challenges.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly expands funding opportunities for local police departments through federal programs, directly advancing the budget and appropriations topic.95% confidence ✓ Criminal JusticeSupports Criminal JusticeBill expands funding for local police departments, recruiting, training, and acquiring investigative tools, directly strengthening law enforcement capabilities.90% confidence ✓ TechnologySupports TechnologyBill explicitly funds digital forensics equipment, drone technology, and cyber investigation software for law enforcement, directly advancing technology capabilities.90% confidence

Sub-Topics Law Enforcement Policing Emerging Technology

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in committee · United States · House May 13, 2026

HR 8806: Supporting Newborn Parents Act of 2026

The Supporting Newborn Parents Act of 2026 creates a new tax credit of $2,000 for each child born to a taxpayer during the tax year. To receive this credit, parents must have earned income, with the maximum amount limited to 20% of their earnings, and the benefit phases out as family income rises. The bill allows parents to request an advance payment of the credit shortly after a child's birth by providing their information when applying for a Social Security number. Additionally, the legislation requires the Treasury to establish an online portal to help parents understand how to make elections regarding advance payments and estimated income figures.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new tax credit for newborn parents, providing direct financial relief and funding support to families.85% confidence

Sub-Topics Income Tax Tax Credits

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in committee · United States · House May 7, 2026

HR 8709: Homeownership Savings Act

The Homeownership Savings Act creates a new tax-advantaged account designed to help first-time homebuyers save for down payments and closing costs. This program allows individuals to deduct up to $3,000 annually from their federal income taxes for contributions made to a qualified homeownership savings account, subject to limits based on earned income and modified adjusted gross income. Contributions to these accounts are also excluded from federal income, Social Security, and unemployment taxes if made by employers, and funds withdrawn for approved housing expenses remain tax-free. The bill includes specific rules for account termination, penalties for non-qualified withdrawals, and requires trustees to file reports with the IRS. These tax provisions are scheduled to take effect for taxable years beginning after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax deductions and exclusions for homeownership savings, offering direct tax relief to individuals.95% confidence ✓ HousingSupports HousingBill creates tax-advantaged accounts to help first-time homebuyers save for down payments, directly advancing homeownership and affordable housing access.95% confidence

Sub-Topics Income Tax Affordable Housing Homeownership

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in committee · United States · House May 7, 2026

HR 8677: Make the American Dream Real Again Act

The Make the American Dream Real Again Act creates a new tax credit for homeowners who sell their primary residence to a first-time buyer. This provision allows the seller to claim a refundable credit equal to the lower of the money they spent helping the buyer purchase the home or the amount of tax they would save by excluding the sale gain from their income. The bill defines a first-time homebuyer as someone who has not owned a principal residence in the two years prior to the transaction and covers expenses such as down payments, inspections, and closing costs. These changes are scheduled to take effect for taxable years beginning after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a refundable tax credit for homeowners, providing direct tax relief and financial assistance.90% confidence ✓ HousingSupports HousingBill creates a tax credit to encourage homeowners selling to first-time buyers, directly supporting affordable housing and home ownership.85% confidence

Sub-Topics Tax Credits Affordable Housing Homeownership Property Taxes

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in committee · United States · Senate Apr 29, 2026

S 4438: Promoting Access to Broadband Act of 2026

The Promoting Access to Broadband Act of 2026 directs the Federal Communications Commission to create two grant programs for states to improve access to the Lifeline broadband subsidy. The first program provides funding to help states inform low-income residents who qualify for the Lifeline benefit but are not yet enrolled about how to apply and what the program offers. The second program funds states to connect their local benefit databases with the National Lifeline Eligibility Verifier, ensuring that receipt of other government assistance is properly recorded for eligibility checks. To receive these grants, states must submit detailed plans outlining their outreach strategies and expected reach, with the FCC prioritizing areas with more eligible individuals and diverse geographic regions. The bill also requires the FCC to report on the programs' effectiveness to Congress within three years and authorizes funding for the first five fiscal years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates federal grant programs to fund state efforts in expanding broadband access for low-income residents, directly increasing government spending on essential services.75% confidence ✓ TechnologySupports TechnologyBill creates grant programs to expand broadband access and improve Lifeline subsidy enrollment for low-income residents.95% confidence

Sub-Topics Broadband Access Telecommunications

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in committee · United States · House Apr 30, 2026

HR 8626: Workforce Housing Tax Credit Act

The Workforce Housing Tax Credit Act creates a new federal tax credit to encourage the development and rehabilitation of affordable housing for middle-income families. This credit applies to buildings where at least 60% of units are rent-restricted and occupied by individuals earning 100% or less of the area median income, with at least 20% of those units specifically targeted for middle-income households. The bill establishes a 15-year credit period based on a percentage of the building's qualified basis, which is determined by factors such as the building's cost, location, and whether it is new or existing. To qualify, developers must enter into binding agreements with housing agencies that include long-term commitments to maintain affordable rents and prevent the displacement of tenants, while also adhering to specific financial feasibility and reporting requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill introduces a federal tax credit to encourage affordable housing development, aligning with fiscal management goals and providing tax relief for housing initiatives.85% confidence ✓ HousingSupports HousingBill creates a federal tax credit to encourage development and rehabilitation of affordable housing for middle-income families.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance

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in committee · United States · House May 22, 2026

HR 9010: Making appropriations for the Legislative Branch for the fiscal year ending September 30, 2027, and for other purposes.

HR 9010 appropriates funds for the Legislative Branch for fiscal year 2027, primarily covering salaries, expenses, and operations for the House of Representatives, Senate, Capitol Police, and various independent agencies like the Library of Congress and Government Accountability Office. The bill includes specific restrictions on spending, such as prohibiting the purchase of certain Chinese-made technology and limiting vehicle leasing allowances for Members of Congress. It also mandates in-person workplace rights training for Members under active misconduct investigations and requires that any unused funds from Members' representational allowances be used to reduce the federal deficit or debt.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly appropriates funds for the Legislative Branch, covering salaries and operations, which directly advances and funds the budget topic.95% confidence ✓ TechnologySupports TechnologyBill restricts spending on Chinese-made technology, aligning with cybersecurity and supply chain security goals.75% confidence

Sub-Topics Appropriations

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in committee · United States · House May 19, 2026

HR 8910: SLUSH FUND Act of 2026

This bill creates a new federal tax on money received by former U.S. presidents, their immediate family members, or their controlled businesses from civil lawsuits against the government. Under the law, any settlement or verdict awarded to these individuals would be subject to a 100 percent tax, and the payments would not be counted as taxable income for other purposes. To enforce this, the bill requires trustees and administrators to file public reports detailing these payments and imposes a $10,000 penalty for failing to do so. These rules would apply to any funds received on or after May 20, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes a 100% tax on settlements for former presidents, increasing revenue and closing a potential loophole.90% confidence

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