Budget & Taxes (Tax Incentives)

in committee · United States · House Dec 18, 2025

HR 6836: Beginning Farmer Tax Incentive Act

The Beginning Farmer Tax Incentive Act (HR 6836) creates tax benefits for beginning farmers by excluding 40% of capital gains from selling qualifying farmland and up to $25,000 annually from lease income. Qualifying farmland must have been farmed by the seller’s family for at least 5 years. Beginning farmers are defined as new individuals with 1-10 years of farming experience (reported on Schedule F), those with beginner farm loans, or those with substantial farming knowledge. The policy directly supports new agricultural entrants through targeted tax relief, applying to land used for farming with specific ownership history requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax incentives (excludes capital gains/lease income) for beginning farmers, aligning with tax relief for agricultural sector per Budget & Taxes topic indicators.95% confidence

Sub-Topics Tax Incentives Tags Agriculture

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in committee · United States · House Feb 11, 2026

HR 7496: Health Investment Zones Act of 2026

The Health Investment Zones Act of 2026 establishes a program to designate areas with documented health disparities as "Health Investment Zones" to improve health outcomes and reduce inequities. To qualify, areas must meet specific criteria including low income (below 150% of the federal poverty line), high rates of certain health issues, or designation as a health professional shortage area. The bill provides tax incentives for employers hiring workers in these zones, grants to community organizations for health initiatives, student loan repayment for health care workers, and additional Medicare payments for services provided in designated zones. These zones would be designated for 10 years with requirements for sustainability plans and evaluation of health outcomes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax incentives for employers in low-income health disparity zones, targeting tax relief for underserved communities per bill's criteria.95% confidence ✓ HealthcareSupports HealthcareBill designates health disparity zones with tax incentives/grants to improve outcomes and reduce inequities, directly advancing healthcare access in underserved areas per its summary.95% confidence

Sub-Topics Tax Incentives Healthcare Workforce Medicare Tags Economic Development

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in committee · United States · House Dec 19, 2025

HR 4856: Revitalizing America’s Housing Act

The Revitalizing America's Housing Act proposes multiple measures to increase housing supply and affordability through tax incentives, zoning reforms, and improved safety standards. Key provisions include a new Neighborhood Homes Credit to incentivize building or rehabilitating homes in affordable areas, zoning reform incentives to encourage municipalities to adopt more housing-friendly policies, and expanded tax benefits for homeowners selling primary residences. The bill also includes specific protections for veterans' housing, improved lead and mold safety standards for public housing, and requirements for better oversight of housing programs. These changes directly affect homeowners, renters, housing developers, public housing agencies, and local governments across the country.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax incentives (Neighborhood Homes Credit) and expanded tax benefits for homeowners, directly advancing housing affordability through fiscal policy.92% confidence ✓ HousingSupports HousingBill explicitly increases housing supply and affordability via tax incentives, zoning reforms, and Neighborhood Homes Credit for affordable areas.95% confidence

Sub-Topics Tax Incentives Affordable Housing Property Taxes Zoning

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in committee · United States · Senate Jan 23, 2025

S 213: Main Street Tax Certainty Act

S 213, the Main Street Tax Certainty Act, makes the qualified business income deduction permanent for small business owners. It directly affects pass-through business owners (like sole proprietors and small partnerships) who currently benefit from this tax break. The bill removes the temporary expiration of Section 199A of the tax code, providing long-term certainty for these taxpayers by ensuring they can continue deducting up to 20% of their qualified business income.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes qualified business income tax deduction permanent for small businesses, providing ongoing tax relief and certainty - directly supporting tax policy for middle-income earners.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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in committee · United States · Senate Jun 18, 2025

S 2123: Broadcast VOICES Act

This bill creates a tax incentive program to increase ownership of broadcast stations by women and minorities (defined as "socially disadvantaged individuals"). It establishes an FCC certificate program for qualifying sales of broadcast stations that result in ownership by these groups, requiring at least 50% ownership and 2-year minimum holding period. The bill provides tax benefits including nonrecognition of gain or loss for qualifying transactions and a tax credit for contributions to organizations training socially disadvantaged individuals in broadcast management. The FCC must report to Congress biennially on progress toward increasing diversity in broadcast ownership, based on data collected through Form 323.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax incentives (nonrecognition of gain, tax credits) to promote minority/women ownership of broadcast stations, directly using tax policy to advance a goal.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · United States · Senate Jun 10, 2025

S 2007: Financing Lead Out of Water Act of 2025

S 2007 (Financing Lead Out of Water Act of 2025) modifies federal tax rules to help communities replace lead pipes in drinking water systems. It clarifies that using tax-exempt bonds to replace privately-owned lead service lines connected to public water systems does not count as "private business use" under tax law, making these bonds eligible for tax exemption. This directly affects public water systems and the communities they serve, particularly those needing to comply with federal lead regulations. The key change allows municipalities to finance lead pipe replacement projects using tax-exempt bonds without violating existing tax code restrictions. The bill applies to bonds issued after December 31, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables tax-exempt financing for lead pipe replacement, facilitating public infrastructure funding through tax policy adjustments.95% confidence ✓ EnvironmentSupports EnvironmentBill enables tax-exempt financing for replacing lead pipes, directly reducing lead pollution in drinking water systems, a core environmental protection measure.95% confidence

Sub-Topics Debt & Bonds Tax Incentives Drinking Water Water Quality

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in committee · United States · House Apr 18, 2025

HR 2473: Healthy Food Access for All Americans Act

HR 2473, the Healthy Food Access for All Americans Act, creates tax credits and grants to help establish grocery stores, food banks, and temporary food access points in areas with limited food access (called "food deserts"). The bill offers a 15% tax credit for new grocery stores or permanent food banks in food deserts, and a 10% credit for renovations or temporary food access points like mobile markets. To qualify, locations must meet specific criteria including being in areas with high poverty rates and limited access to grocery stores, and applicants must be certified by the government. The program aims to improve access to healthy food in underserved communities by making it more financially feasible for businesses to operate in these areas. The bill also requires annual updates to the USDA's Food Access Research Atlas to track food retailer locations.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 15% tax credit for new grocery stores in food deserts and 10% for renovations, directly funding public service access through tax incentives.95% confidence ✓ HealthcareSupports HealthcareAddresses food deserts through tax credits/grants for grocery access - a public health determinant linked to chronic disease prevention and nutrition-based healthcare outcomes.85% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · United States · Senate Apr 10, 2025

S 1459: Historic Tax Credit Growth and Opportunity Act of 2025

This bill increases the federal tax credit for rehabilitating historic buildings from 20% to 30% for projects under $3.75 million (or $5 million in rural areas), up from the current rate. It allows property owners to transfer unused credits to other taxpayers and expands eligibility to include more building types. The bill also removes certain tax adjustments for these projects and simplifies rules for tax-exempt properties. These changes primarily affect developers and owners of small historic properties, especially in rural communities seeking tax incentives for rehabilitation.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit rate for historic building rehab from 20% to 30%, providing tax relief to property owners/developers, aligning with tax relief indicators for support.90% confidence ✓ HousingSupports HousingIncreases tax credits for historic building rehabilitation, incentivizing housing development and preservation through financial incentives for developers.85% confidence

Sub-Topics Tax Credits Tax Incentives Historic Preservation

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in committee · United States · Senate Feb 12, 2025

S 549: Maritime Fuel Tax Parity Act

S 549, the Maritime Fuel Tax Parity Act, expands a federal tax exemption for alternative motorboat fuels to cover vessels operating exclusively between Atlantic or Pacific U.S. ports (including territories). It amends the tax code to include these specific vessels under the existing exemption for fuel used by vessels described in section 4042(c)(1). The change applies to fuel sold for use after December 31, 2025, directly affecting commercial vessels limited to coast-to-coast U.S. trade. This policy modifies tax treatment without altering broader fuel regulations or creating new requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends federal tax exemption for commercial vessels, providing tax relief under fiscal policy by modifying tax code to exclude specific fuel purchases from taxation.90% confidence ✓ EnergySupports EnergyExpands tax exemption for alternative motorboat fuels, incentivizing cleaner energy use in commercial maritime transport per bill's tax code amendment.85% confidence ✓ EnvironmentSupports EnvironmentExpands tax exemption for alternative motorboat fuels, promoting cleaner energy use in maritime sector and reducing vessel emissions through policy incentive.85% confidence ✓ TransportationSupports TransportationExpands tax exemption for alternative fuels in maritime transport, reducing costs for commercial vessels and supporting sustainable transportation infrastructure.90% confidence

Sub-Topics Tax Incentives Ports Transportation Funding

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in committee · United States · House Jun 24, 2025

HR 4115: Saving Our MALLS Act

This bill modifies U.S. tax law to exclude certain debt forgiveness from taxable income for commercial and retail businesses. Specifically, it allows businesses to avoid paying taxes on debt discharged between December 31, 2023, and January 1, 2028, if the debt was secured by property used in their trade or business (like a storefront) and met specific timing requirements. The exclusion applies only to qualified commercial or retail indebtedness incurred before March 1, 2023, and discharged during the covered period. This directly benefits affected businesses by preserving tax credits and deductions they would otherwise lose when debt is forgiven. The policy change takes effect for debt discharges occurring on or after December 31, 2023.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by excluding debt forgiveness from taxable income for commercial businesses, directly advancing tax policy for affected entities.90% confidence

Sub-Topics Tax Incentives

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