Budget & Taxes

in committee · United States · Senate Jul 22, 2026

S 5072: Taxpayer Transparency and Notice Act

The Taxpayer Transparency and Notice Act requires the IRS to send quarterly notices to taxpayers with unpaid tax debts, rather than just once a year. These notices must include an estimate of future penalties and interest if the debt is not paid, along with information on assistance programs available to the taxpayer. The law exempts taxpayers who already have payment agreements, accepted offers in compromise, or who are deemed unable to pay from these quarterly reminders. The changes will not take effect until 24 months after the bill is enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill promotes fiscal responsibility by enhancing taxpayer transparency and accountability through quarterly notices on unpaid debts.85% confidence

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in committee · United States · House Jul 23, 2026

HR 9921: American Shipyard Investment Act of 2026

The American Shipyard Investment Act of 2026 creates a new tax credit to encourage investment in U.S. shipyards that build or repair commercial and military vessels. This credit allows taxpayers to deduct 25 percent of their qualified investments in these facilities from their taxes, increasing to 35 percent for projects located in designated economic zones. The law defines eligible investments as property used for constructing, repairing, or manufacturing parts for ships and sets a deadline of December 31, 2033, for when the property must be put into service. Additionally, the bill permits businesses to transfer unused tax credits to other entities and provides an exemption from a specific alternative tax on shipping activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new tax credit to encourage investment in U.S. shipyards, directly advancing fiscal management and economic development through tax incentives.90% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · United States · House Jul 23, 2026

HR 9895: American Dream Accounts Act of 2026

The American Dream Accounts Act of 2026 creates a new type of tax-advantaged trust designed to help U.S. citizens save for purchasing their first home. This account allows individuals to contribute up to $7,500 annually, or $10,000 if they are over 35, with a lifetime limit of $250,000, and the funds must be managed by a bank or a qualified administrator. Money withdrawn from the account remains tax-free only if used to buy a first home, provided the buyer has not previously claimed this benefit and the home is kept for at least three years. The bill also permits rolling over distributions into other American Dream Accounts or Roth IRAs and imposes taxes on excess contributions or withdrawals used for non-qualified expenses.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax-advantaged trust, providing tax relief to help citizens save for homes, directly advancing the Budget & Taxes topic.90% confidence ✓ HousingSupports HousingBill creates tax-advantaged accounts to help citizens save for first home purchases, directly advancing affordable housing access.92% confidence

Sub-Topics Procurement Homeownership

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in committee · United States · House Jul 14, 2026

HR 9675: Expanding Opportunities for Recovery Act of 2026

The Expanding Opportunities for Recovery Act of 2026 directs federal funding to states to improve access to opioid addiction treatment for individuals who lack health insurance or face coverage barriers. These grants must be managed by state substance abuse agencies and used to provide evidence-based services, such as medication-assisted treatment, based on medical recommendations. The legislation explicitly limits grant funds to cover no more than 60 consecutive days of treatment per person and requires states to report data on treatment outcomes and usage. Additionally, the bill mandates that the federal government evaluate the program's effectiveness and share results publicly while offering technical assistance to participating states.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs federal funding to states to expand access to opioid addiction treatment, directly increasing government spending on public health services.90% confidence ✓ HealthcareSupports HealthcareBill directs federal funding to expand access to opioid addiction treatment and evidence-based services for uninsured individuals.95% confidence

Sub-Topics Insurance Substance Abuse

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in committee · United States · House Jul 14, 2026

HRES 1429: Expressing support for continued efforts to safeguard the supplemental nutrition assistance program under the Food and Nutrition Act of 2008 from fraud, waste, and abuse for the Nation's most vulnerable.

This resolution expresses support for the Trump administration's efforts to prevent fraud, waste, and abuse in the Supplemental Nutrition Assistance Program (SNAP). It highlights specific findings from 29 states that shared data, noting issues such as deceased individuals receiving benefits and people using incorrect Social Security numbers. The bill aims to increase transparency and ensure taxpayer dollars are redirected to eligible low-income families rather than being lost to criminal actors.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill aims to prevent fraud and waste in SNAP, ensuring taxpayer dollars are redirected to eligible families, promoting fiscal responsibility.95% confidence

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in committee · United States · House Jul 27, 2026

HR 9976: SWAT Act of 2026

The Spotted Wing Abatement Trust Act of 2026 creates a new funding source within the Department of Agriculture to combat the spotted wing drosophila, an invasive insect that damages crops like berries, peaches, and cherries. This bill establishes a specific fund authorized to receive $6.5 million annually for five years to support research and mitigation efforts against the pest. The Administrator of the Animal and Plant Health Inspection Service will manage the fund by awarding grants or cooperative agreements to eligible recipients for these activities. The legislation aims to address the estimated 20 percent revenue loss in affected fruit crops caused by this invasive species.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a $6.5M annual funding source for agricultural pest mitigation, directly advancing the budget topic by allocating resources to a specific government program.90% confidence

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in committee · United States · House Jul 27, 2026

HR 9974: Young Farmer Success Act

The Young Farmer Success Act expands student loan forgiveness to include individuals working full-time as employees or managers on farms and ranches. To qualify, these agricultural operations must generate at least $35,000 in gross revenue from selling agricultural products in 2026, with the required income increasing annually based on inflation adjustments. This change directly affects young people seeking loan relief who are currently employed in the farming and ranching sectors but were previously ineligible for this specific provision.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands student loan forgiveness for young farmers, providing direct financial relief and reducing debt burdens for a specific demographic.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill expands student loan forgiveness for farm employees, directly enhancing financial benefits and worker support in the agricultural sector.85% confidence

Tags Agriculture

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in committee · United States · Senate Jul 23, 2026

S 5098: Enhancing K–12 Cybersecurity Act

The Enhancing K-12 Cybersecurity Act creates a new public website and database to help schools and school districts find cybersecurity tools, training, and federal funding opportunities. It also establishes a voluntary registry where schools can report cyber incidents to help identify trends and improve national monitoring. Additionally, the bill authorizes a program to deploy specific cybersecurity strategies and services to protect school systems from threats like ransomware. The Director of the Cybersecurity and Infrastructure Security Agency is tasked with running these initiatives in partnership with various government agencies and school leaders. Congress has authorized $10 million for each of fiscal years 2027 and 2028 to fund these efforts.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a program to deploy cybersecurity strategies and services, implying the allocation of federal funding to protect school systems.75% confidence ✓ EducationSupports EducationBill strengthens K-12 infrastructure by providing cybersecurity tools, training, and funding to protect schools from threats.90% confidence ✓ TechnologySupports TechnologyBill creates resources, funding, and strategies to enhance cybersecurity for K-12 schools, directly protecting technology infrastructure.95% confidence

Sub-Topics School Safety Cybersecurity

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in committee · United States · House Jul 23, 2026

HR 9945: Lowering Energy Costs through Grid Modernization Act

The Lowering Energy Costs through Grid Modernization Act encourages utilities to upgrade power lines by replacing old conductors with more efficient ones that carry more electricity and generate less heat. To support these upgrades, the bill allows for faster federal environmental reviews and makes it easier to secure permits for projects that fit within existing land rights. Additionally, the legislation expands a federal tax credit to include these high-performance transmission upgrades, offering a higher credit rate for smaller projects or those meeting specific domestic content requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands a federal tax credit to fund grid modernization, directly supporting fiscal management through tax incentives for infrastructure.75% confidence ✓ EnergySupports EnergyBill promotes grid modernization, increases energy efficiency, and expands tax credits for transmission upgrades.95% confidence

Sub-Topics Tax Credits Electric Grid Pipeline Infrastructure Transmission

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in committee · United States · House Jul 23, 2026

HR 9920: Foster Youth Investment Act

The Foster Youth Investment Act allows individuals to contribute to Coverdell Education Savings Accounts for foster children who are under 18 and in the custody of a state or tribal government. This change expands eligibility beyond just the taxpayer's own eligible foster child to include any minor meeting these specific care and age requirements. The provision applies to contributions made after December 31, 2025, enabling these youth to benefit from tax-advantaged savings for their education.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands tax-advantaged savings for foster youth education, promoting fiscal responsibility and funding essential services.85% confidence ✓ EducationSupports EducationBill expands tax-advantaged savings access for foster youth education, enhancing educational opportunity and financial support.85% confidence

Tags Children

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