Budget & Taxes

in committee · United States · House May 15, 2026

HR 8869: Traumatic Births Research Act of 2026

The Traumatic Births Research Act of 2026 directs the Department of Health and Human Services to study how traumatic birth experiences and post-traumatic stress disorder affect mothers, infants, and families. This legislation expands research funding to include states, Indian Tribes, and Tribal organizations, requiring that study results be broken down by race and ethnicity. Additionally, the bill authorizes a pilot program to compare midwife-led care models against traditional medical care regarding their impact on birth trauma and mental health. To monitor progress, the Secretary must submit an interim report by the end of fiscal year 2028 and a final report by the end of fiscal year 2030.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs HHS to study traumatic births and expands research funding to states and tribes, indicating increased government spending on health research.80% confidence ✓ HealthcareSupports HealthcareBill directs HHS to study traumatic births and expands research funding for maternal health and mental health, directly advancing healthcare understanding.90% confidence

Sub-Topics Mental Health Women's Health Tags Tribal Nations

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in committee · United States · House May 21, 2026

HR 8959: Semiconductor Superiority Act

The Semiconductor Superiority Act expands the advanced manufacturing investment credit to include semiconductor facilities located in outer space, specifically low-Earth orbit. This provision allows companies to claim tax credits for equipment used in space-based manufacturing, even if some components are not physically located in orbit or are used for transporting crew and supplies. The bill also clarifies that flight control, crew habitation, and repair activities in space count as manufacturing functions for the purpose of this credit. Additionally, the law excludes rockets and launch vehicles from qualifying as eligible property under this new rule. These changes apply only to facilities and equipment placed in service after the act is enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands tax credits for semiconductor manufacturing in space, providing fiscal incentives and funding mechanisms for advanced industry sectors.85% confidence ✓ TechnologySupports TechnologyBill expands tax credits for space-based semiconductor manufacturing, directly advancing technology infrastructure and production capabilities.90% confidence

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in committee · United States · House May 7, 2026

HR 8714: Skill Savings Account Act of 2026

The Skill Savings Account Act of 2026 creates a new type of tax-advantaged account designed to help eligible U.S. employees save money specifically for qualified education expenses. Under this bill, both employers and employees can contribute cash to these accounts without immediately paying income tax, provided the total contributions do not exceed $5,250 for employer contributions and $10,000 for employee contributions in a single year. Funds withdrawn from the account must be used exclusively for education costs to remain tax-free; otherwise, the distribution is taxed as income and subject to an additional 20% penalty for beneficiaries under age 65. The legislation also establishes specific rules for trust management and requires the Treasury Department to issue regulations within one year of enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax-advantaged accounts, providing tax relief and promoting fiscal responsibility through savings incentives.90% confidence ✓ EducationSupports EducationBill creates tax-advantaged accounts to help employees save for qualified education expenses, expanding access to funding.90% confidence

Sub-Topics Income Tax Student Financial Aid

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in committee · United States · Senate May 20, 2026

S 4580: No Tax on Border Patrol Agent Overtime Act

The No Tax on Border Patrol Agent Overtime Act modifies federal tax laws to exclude certain overtime pay earned by border patrol agents from taxation. Specifically, the bill defines "qualified overtime compensation" to include various forms of extra pay, such as premium pay and supplemental rates, that exceed an agent's standard basic salary. This change means that eligible border patrol agents will not have to pay income taxes on these specific overtime earnings starting in the 2026 tax year. The legislation directly affects federal border patrol agents by altering how their compensation is treated under the Internal Revenue Code.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to border patrol agents by excluding overtime pay from taxation.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill increases net wages for border patrol agents by exempting overtime pay from taxation, effectively expanding worker financial benefits.85% confidence

Sub-Topics Labor Standards

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in committee · United States · Senate Apr 23, 2026

S 4381: Western Tribal Water Act of 2026

The Western Tribal Water Act of 2026 expands the Indian Reservation Drinking Water Program to include ten specific projects in the Upper Colorado River Basin, an area where many tribes face significant water supply challenges. This legislation directs $60 million in funding for each of fiscal years 2027 and 2028 to support these infrastructure improvements, with a specific focus on addressing the needs of the Ute Mountain Ute Tribe in southwestern Colorado. By amending existing federal law, the bill ensures that tribes in this drought-prone region can access resources to repair aging water delivery systems and enhance overall water reliability.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs $60 million in federal funding for tribal water infrastructure projects, directly advancing government spending on essential public services.95% confidence ✓ EnvironmentSupports EnvironmentBill allocates $60M annually to improve water infrastructure for tribes, directly supporting conservation and resource management.85% confidence

Sub-Topics Drinking Water Tags Tribal Nations

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in committee · United States · House May 13, 2026

HR 8783: To amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.

This bill allows individuals aged 70 and a half or older to donate money directly from their employer-sponsored retirement accounts to qualified charities without counting the donation as taxable income. It expands an existing tax provision by including various types of employer plans, such as 403(b) and 457(b) plans, alongside traditional qualified plans. Under the new rules, the amount excluded from gross income is limited to the excess of the annual standard distribution limit over any other tax-free distributions the person made that year. The legislation applies to distributions made in taxable years beginning after the bill is enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by excluding charitable distributions from gross income, reducing tax liability for retirees.90% confidence

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in committee · United States · House Apr 15, 2026

HR 8291: Reforming Disaster Recovery Act

The Reforming Disaster Recovery Act establishes a new Long-Term Disaster Recovery Fund to provide grants for housing, infrastructure, and economic revitalization in areas most affected by catastrophic major disasters. This legislation creates a new Office of Disaster Management and Resiliency within the Department of Housing and Urban Development to coordinate recovery efforts and ensures that at least 70 percent of the funding benefits low- and moderate-income households. The bill also introduces a formula-based allocation system that includes a specific portion of funds for mitigation activities designed to reduce future disaster risks and requires strict reporting to prevent the duplication of benefits with other federal aid.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new federal fund to provide grants for disaster recovery, housing, and infrastructure, directly increasing government spending on public services.85% confidence ✓ HousingSupports HousingBill creates a fund to provide federal grants for housing recovery and mandates 70% of funds benefit low- and moderate-income households.90% confidence

Sub-Topics Community Development Property Development Tags Emergency Management

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in committee · United States · House Apr 27, 2026

HR 8501: Rehabilitation of Historic Schools Act of 2026

The Rehabilitation of Historic Schools Act of 2026 allows public school buildings to qualify for federal tax credits when they are rehabilitated, provided the buildings were used as public schools for five years before and after the renovation. This change removes a previous restriction that had excluded public educational facilities from receiving these financial incentives. The bill requires the Treasury Department to report data on the number of rehabilitated schools, student enrollment, and renovation costs to Congress within five years of enactment. These provisions apply to properties placed in service after the law is passed, aiming to encourage the preservation and repair of historic public school infrastructure.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides federal tax credits for rehabilitating public school buildings, directly advancing funding and financial incentives for public education infrastructure.95% confidence ✓ EducationSupports EducationBill provides federal tax credits to rehabilitate public school buildings, directly improving school infrastructure and protecting educational facilities.95% confidence

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in committee · United States · Senate May 13, 2026

S 4511: A bill to amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.

This bill allows individuals aged 70 and a half or older to donate money directly from their employer-sponsored retirement accounts to qualified charities without counting that money as taxable income. It applies to distributions from 401(k) plans, government plans, 403(b) plans, and 457 plans, provided the donation does not exceed a specific annual limit. The legislation requires the funds to be transferred straight from the retirement plan to the charity, bypassing the individual's personal bank account. By excluding these charitable contributions from gross income, the bill aims to simplify tax reporting for retirees while encouraging philanthropy through existing retirement savings.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by excluding charitable distributions from gross income, reducing tax burden for retirees.95% confidence

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in committee · United States · House May 15, 2026

HR 8864: LIFT Act

The LIFT Act creates a new tax incentive for states and municipalities by allowing them to receive a direct credit from the federal government on interest payments made for specific infrastructure bonds. To qualify for this credit, the bonds must be used entirely for capital projects or maintenance, and the interest would normally be tax-exempt, with the credit amount varying by the bond's maturity date. The legislation also clarifies rules for refinancing these bonds and adjusts tax limits for financial institutions that issue certain types of tax-exempt debt. These changes are designed to lower the cost of borrowing for local infrastructure projects while maintaining strict guidelines on how the funds can be used.

Topics ✓ Budget & TaxesSupports Budget & TaxesThe LIFT Act provides federal tax credits to states and municipalities for infrastructure bond interest, directly increasing funding for capital projects and promoting fiscal responsibility.90% confidence ✓ EnergySupports EnergyBill provides tax incentives for infrastructure bonds used for capital projects, which can fund energy infrastructure and utilities.75% confidence ✓ TransportationSupports TransportationThe bill provides tax credits for infrastructure bonds used for capital projects and maintenance, directly funding transportation improvements.90% confidence

Sub-Topics Debt & Bonds Tax Credits Tax Incentives Bridges Roads & Highways Transportation Funding

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