Budget & Taxes (Tax Incentives)

in committee · United States · House Dec 9, 2025

HR 6537: To amend the Internal Revenue Code of 1986 to extend certain tax benefits related to empowerment zones to the District of Columbia.

This bill extends existing empowerment zone tax incentives to the District of Columbia by designating a portion of DC as an empowerment zone under the Internal Revenue Code. It treats "the largest area within the District meeting eligibility requirements" as qualifying for these special tax benefits, which typically include enhanced deductions for businesses in economically distressed areas. The change would apply to tax periods beginning after December 31, 2025, directly affecting businesses operating in the designated DC area. The policy modifies how DC qualifies for these federal tax incentives without creating new benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax incentives (enhanced deductions) to businesses in DC's empowerment zone, providing tax relief for economically distressed areas per tax code amendments.95% confidence

Sub-Topics Tax Incentives Tags Economic Development

Track

in committee · United States · House Jan 13, 2026

HR 7041: Earmark Elimination Act of 2026

HR 7041, the Earmark Elimination Act of 2026, prohibits the U.S. House of Representatives from considering any bill, resolution, or amendment containing a congressional earmark, limited tax benefit, or limited tariff benefit. It defines an earmark as a special spending request for a specific district or entity, a tax break for 10 or fewer beneficiaries with non-uniform rules, or a tariff change benefiting 10 or fewer entities. If such a provision is included, a point of order can be raised to strike it from the bill without debate. This rule change directly affects how House legislation is processed, preventing targeted spending or tax provisions from advancing. The bill does not alter existing laws but modifies House procedural rules to eliminate these specific types of provisions from consideration.

Topics ✓ Budget & TaxesSupports Budget & TaxesProhibits targeted tax benefits (loopholes) for ≤10 entities, closing specific tax loopholes per support indicators.95% confidence

Sub-Topics Appropriations Tax Incentives

Track

in committee · United States · House Jan 30, 2026

HR 7286: To amend the Internal Revenue Code of 1986 to revoke the tax-exempt status of organizations that provide, or provide funding for, abortion.

This bill would revoke the tax-exempt status of nonprofit organizations (like charities or health groups) that provide or fund abortions, except in specific cases. It directly affects organizations currently classified under Section 501(c)(3) of the tax code, such as some healthcare providers or advocacy groups. Key provisions define "abortion" as intentionally terminating a pregnancy (excluding cases where the mother’s life is at risk, or the pregnancy resulted from rape or incest), and deny tax exemption to groups meeting this definition. The change would take effect for tax years starting after the bill’s enactment date.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRevokes tax-exempt status for abortion-related orgs, restricting tax benefits under 501(c)(3) per bill's explicit tax policy change.95% confidence ✗ HealthcareOpposes HealthcareRevoking tax-exempt status for abortion-providing organizations directly restricts access to reproductive healthcare services, limiting patient access under healthcare policy.95% confidence

Sub-Topics Tax Incentives Women's Health

Track

in committee · United States · House Jan 22, 2026

HR 7216: Make American Housing Affordable (MAHA) Act of 2026

The MAHA Act of 2026 creates a new $5,000 federal tax credit (doubling to $10,000 for joint filers) for first-time homebuyers who purchase a principal residence during the tax year. It directly affects eligible individuals who haven’t claimed this credit in the prior four years, with the credit phasing out for those earning above $250,000 (individual) or $500,000 (joint) in modified adjusted gross income. The credit reduces tax liability by a fixed amount, not a percentage, and applies to taxable years beginning after the bill’s enactment. This is a tax incentive, not direct housing assistance, aimed at reducing the cost of homeownership for qualifying buyers.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $5k tax credit for first-time homebuyers (phased out above $250k/$500k), reducing tax liability for middle-income earners per tax relief indicators.90% confidence ✓ HousingSupports HousingProvides $5,000 tax credit (doubling for joint filers) to first-time homebuyers, directly reducing purchase costs and increasing housing affordability for eligible buyers.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Homeownership Housing Finance

Track

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

Track

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

Track

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

Track

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

Track

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

Track

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

Track