Budget & Taxes

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accounts are also excluded from federal income, Social Security, and unemployment taxes if made by employers, and funds withdrawn for approved housing expenses remain tax-free.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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in committee · United States · House May 7, 2026

HR 8676: To amend the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to award grants to State educational agencies to carry out wellness programs for school personnel, and for other purposes.

This bill authorizes federal grants to help states and local school districts create wellness programs specifically designed to support the mental, emotional, and physical well-being of school staff, including teachers, administrators, and support personnel. The funding, available for fiscal years 2026 through 2030, would be distributed competitively to states, which must then provide subgrants to local agencies that prioritize schools serving high-need student populations. Recipients are required to develop initiatives addressing stress management, workplace conditions, and job satisfaction while reporting annually on program effectiveness and staff retention rates. Additionally, the legislation updates the authorization period for these funds and adjusts the structure of the Elementary and Secondary Education Act to include this new category of support.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes federal grants to fund wellness programs for school personnel, directly increasing government spending on education services.90% confidence ✓ EducationSupports EducationBill authorizes federal grants to support wellness programs for school personnel, directly enhancing teacher and staff well-being.95% confidence ✓ HealthcareSupports HealthcareBill authorizes federal grants to fund wellness programs for school staff, directly supporting mental and physical health services.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill funds wellness programs for school staff, directly supporting employee well-being and workplace health.85% confidence

Sub-Topics Student Health

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passed · United States · House Jun 9, 2026

HR 8463: Pre-Payment Fraud Prevention and Treasury Data Access Act

This bill establishes new pre-payment verification requirements for federal agencies to prevent fraud before any money is disbursed. It mandates that agencies confirm a payee's identity, bank account validity, and eligibility using a centralized "Do Not Pay" system that cross-references data from the Treasury, IRS, and Social Security Administration. Additionally, the legislation requires recipients of federal awards over $50,000 to submit a one-time report detailing how they intend to use the funds within 180 days of receiving them. The act also expands the types of sensitive data the Treasury can access to detect improper payments while including specific privacy protections and penalties for unauthorized disclosure.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill promotes fiscal responsibility by preventing fraud and ensuring proper use of federal funds, strengthening budget integrity.85% confidence

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in committee · United States · House Jun 6, 2025

HR 3786: Drones for First Responders Act

This bill imposes increasing tariffs on Chinese-made drones (starting at 30% and rising to 50%+ over four years) and creates a fund using these tariff revenues. The fund provides grants to first responders (60% of funds), farmers/ranchers (20%), and critical infrastructure providers (20%) to purchase secure drones made outside China. It also requires certification that drones don’t contain Chinese components for importation after 2031. The bill directly affects drone importers, first responders, farmers, and infrastructure providers by reshaping drone procurement and supply chains.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a dedicated fund using tariff revenues to provide grants for first responders and other critical sectors, directly advancing fiscal management and funding essential programs.85% confidence ✓ TechnologySupports TechnologyMandates certification for drones without Chinese components, enhancing cybersecurity through supply chain security.85% confidence

Sub-Topics Procurement Emerging Technology

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in committee · United States · House May 21, 2026

HR 8988: Frank Adelmann Manufactured Housing Community Sustainability Act of 2026

This bill creates a new federal tax credit to encourage owners of manufactured home communities to sell their land to residents or nonprofit organizations that agree to keep the community affordable. The credit allows sellers to claim 75% of their profit from the sale, provided the buyer agrees to a binding 50-year covenant that the land will remain used for manufactured housing. To qualify, the new owner must be a resident-owned cooperative or a nonprofit corporation with democratic governance where residents elect the board of directors. The legislation aims to prevent community closures and protect low-income homeowners from rising rents by promoting long-term resident ownership. This change takes effect for taxable years beginning after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a federal tax credit to encourage affordable housing, aligning with fiscal support for essential community programs.85% confidence ✓ HousingSupports HousingBill creates tax credits to encourage affordable housing preservation via resident-owned cooperatives and nonprofits.95% confidence

Sub-Topics Tax Credits Affordable Housing Historic Preservation Homeownership

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