Budget & Taxes (Tax Credits)

in committee · United States · Senate Mar 12, 2026

S 4083: Working Americans’ Tax Cut Act

This bill, titled the Working Americans' Tax Cut Act, proposes two main tax changes: it creates an alternative maximum tax rate of 25.5% for low- and middle-income individuals earning less than 175% of a cost-of-living exemption, and it imposes a progressive surcharge on high-income individuals earning over $1 million. The low-income provision calculates taxes based on income above a living expense threshold that adjusts annually with inflation, while the high-income surcharge applies rates of 5%, 10%, and 12% to income brackets above $1 million, $2 million, and $5 million respectively. Both provisions use modified adjusted gross income as the base for calculations and apply to taxable years beginning after December 31, 2025. The bill would directly affect individual taxpayers by altering how their income is taxed under the Internal Revenue Code.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill proposes tax cuts for low/middle-income individuals and progressive surcharges on high earners, aligning with fiscal responsibility and tax relief for working Americans.85% confidence

Sub-Topics Fees & Licensing Income Tax Tax Credits

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in committee · United States · House Mar 3, 2026

HR 7770: Hearing Aid Assistance Tax Credit Act

This bill, known as the Hearing Aid Assistance Tax Credit Act, would create a new tax credit for individuals who purchase hearing aids. It directly affects taxpayers who buy qualified hearing aids and want to reduce their income tax liability. The credit would provide up to $1,000 per year for hearing aid purchases that are not covered by insurance, with income limits set at $300,000 for joint filers and $150,000 for other individuals. The bill also includes a provision preventing taxpayers from claiming this credit more than once every five years and ensures they cannot receive both a deduction and credit for the same expense. These changes would take effect for taxable years beginning after December 31, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for hearing aid purchases, providing tax relief to individuals and reducing income tax liability for taxpayers.90% confidence ✓ HealthcareSupports HealthcareBill creates tax credit for hearing aids, improving patient access to essential healthcare services and reducing out-of-pocket costs.90% confidence

Sub-Topics Income Tax Tax Credits

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in committee · United States · Senate Mar 5, 2026

S 4021: Promoting Reduction of Emissions through Landscaping Equipment Act

This bill creates a federal tax credit for businesses that purchase electric lawn, garden, and landscaping equipment that produces zero emissions. The credit allows eligible businesses to claim 40 percent of the equipment's cost as a tax reduction, with annual limits of $25,000 and a 10-year aggregate cap of $100,000. Covered equipment includes electric-powered mowers, trimmers, and other landscaping tools powered by electricity, batteries, or solar energy, as well as batteries and generators used to charge them. The credit applies to equipment placed in service after December 31, 2024, and expires five years after the bill is enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a federal tax credit for businesses purchasing zero-emission equipment, directly advancing tax policy and fiscal management through tax incentives.90% confidence ✓ EnergySupports EnergyBill provides tax credits for zero-emission electric equipment, promoting clean energy adoption and reducing fossil fuel dependence in landscaping.90% confidence ✓ EnvironmentSupports EnvironmentBill establishes tax credit for zero-emission equipment, directly reducing pollution and promoting clean energy adoption.95% confidence ✓ TechnologySupports TechnologyBill promotes adoption of electric technology equipment through tax incentives, advancing clean tech and reducing reliance on fossil fuel-powered machinery.75% confidence ✓ TransportationSupports TransportationBill promotes sustainable transportation by incentivizing zero-emission electric equipment, reducing carbon emissions from landscaping operations.75% confidence

Sub-Topics Tax Credits Electric Vehicles Solar Electric Vehicles

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in committee · United States · Senate Mar 17, 2026

S 4111: Big Oil Windfall Profits Tax Act

This bill proposes a new windfall profits tax on crude oil producers and importers, targeting companies that extract or import more than 300,000 barrels of oil per day. The tax rate would be 50% of the amount by which current crude oil prices exceed a baseline set at the 2025 average, with adjustments for inflation in subsequent years. Revenue collected from this tax would be placed in a dedicated fund and then rebated directly to individual taxpayers as a credit against their income taxes. The rebate amount would be calculated quarterly based on the total tax revenue collected and distributed to eligible individuals, with higher amounts for joint filers and income-based phase-outs. The bill applies to oil extracted or imported after December 31, 2025, and includes provisions for territories with mirror tax systems to receive equivalent benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes windfall profits tax on oil companies and rebates revenue to individual taxpayers, increasing government revenue while providing tax relief to individuals.85% confidence ✗ EnergyOpposes EnergyBill imposes windfall profits tax on crude oil producers, which restricts fossil fuel industry operations and could increase energy costs for consumers.85% confidence

Sub-Topics Revenue Tax Credits Oil & Gas

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in committee · United States · House Mar 9, 2026

HR 7884: Healthcare is Human Act of 2026

This bill, titled the Healthcare is Human Act of 2026, creates a tax credit for licensed health care professionals who work in qualifying facilities, including Veterans Affairs medical facilities and those located in health professional shortage areas. The credit amount varies based on the number of hours worked each month, ranging from $300 to $500 per month depending on whether the professional works between 80-120, 120-160, or more than 160 hours of qualifying health care services. To receive the credit, professionals must work at least 80 hours in at least 8 months during the tax year, and their modified adjusted gross income must not exceed $200,000 for single filers or $400,000 for joint filers. The credit is available for taxable years beginning after December 31, 2025, and expires after December 31, 2030, with a requirement for a Government Accountability Office study to evaluate its impact on health care retention and access.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax credits to healthcare professionals in qualifying facilities, increasing funding for public health services and supporting essential workforce.85% confidence ✓ HealthcareSupports HealthcareBill provides tax credits to healthcare professionals working in qualifying facilities, increasing funding and supporting healthcare workforce retention.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides tax credits to healthcare professionals based on hours worked, effectively increasing compensation and supporting worker benefits in healthcare facilities.85% confidence ✓ VeteransSupports VeteransBill provides tax credits to healthcare professionals working in VA facilities, improving veteran healthcare access and supporting staffing.85% confidence

Sub-Topics Tax Credits Healthcare Workforce Veteran Healthcare

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in committee · United States · House Mar 19, 2026

HR 8023: To amend the Internal Revenue Code of 1986 to provide a credit for increasing wages paid to child care providers.

This bill creates a new tax credit for employers who increase the wages they pay to child care workers. It directly affects businesses that operate eligible child care facilities, which are defined as places serving at least six children and following state regulations. To qualify, an employer must pay higher average hourly wages to child care staff in the current year compared to the previous year, and the credit amount is based on the increase in those wages. The credit is generally 5% of the wage increase, but rises to 7% for facilities located in rural areas. Employers can choose to opt out of the credit if they prefer, and the bill also clarifies how the credit interacts with other tax provisions to prevent double benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit for employers increasing child care wages, directly advancing tax policy and supporting workforce development funding.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides tax credit to increase wages for child care workers, directly supporting labor standards and worker compensation.90% confidence

Sub-Topics Tax Credits Child Labor Minimum Wage Tags Children

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in committee · United States · Senate Feb 4, 2026

S 3777: Rebuild America’s Schools Act of 2026

The Rebuild America's Schools Act of 2026 would provide $20 billion annually (2027-2031) to improve public school facilities across the United States. The bill directs funds to states based on previous Title I funding allocations, requiring states to contribute 10% of the funds (with some exceptions) and develop plans for equitable distribution to school districts. Local educational agencies must prioritize schools with high numbers of students eligible for free or reduced-price lunch, and funds can be used for construction, renovation, energy efficiency upgrades, removal of toxic substances, and making facilities accessible. The bill also establishes school infrastructure bonds to leverage private investment and includes specific provisions to repair foundations damaged by pyrrhotite.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates $20 billion annually for public school facility improvements, increasing government spending on public education infrastructure. This directly funds a public service, aligning with 'support' for Budget & Taxes.95% confidence ✓ EducationSupports EducationProvides $20B/year for public school facility improvements, prioritizes underfunded schools with high free/reduced lunch eligibility, directly funds infrastructure upgrades in education.95% confidence

Sub-Topics Tax Credits K-12 Education School Funding School Safety

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in committee · United States · House Jan 3, 2025

HR 169: Prevent Family Fire Act of 2025

HR 169, the Prevent Family Fire Act of 2025, creates a 10% tax credit for manufacturers selling qualifying safe firearm storage devices. The credit applies to the first retail sale of each device per year, capped at $400 per device, and excludes sales tax. A qualifying device must be designed to prevent unauthorized access or render firearms inoperable using an integrated combination, key, or biometric lock (excluding devices built into firearms or under recall). The credit is available for taxable years beginning after the bill's enactment through 2032, with annual reporting required by the Treasury.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a 10% tax credit for manufacturers, providing tax relief. This is a direct tax policy addressing taxation within the topic.90% confidence

Sub-Topics Business Taxes Sales Tax Tax Credits

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in committee · United States · House Jan 16, 2025

HR 549: To amend the Internal Revenue Code of 1986 to repeal the clean fuel production credit.

HR 549 repeals a tax credit for clean fuel production from the Internal Revenue Code. It directly affects companies that produce clean fuel, removing a financial incentive they previously received. The bill eliminates Section 45Z of the tax code, which provided this credit, meaning businesses will no longer qualify for this specific tax benefit. The repeal takes effect for tax years beginning after December 31, 2024.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals clean fuel tax credit (Section 45Z), removing a business tax incentive. Reduces tax expenditures, directly restricting a tax benefit per topic definition.95% confidence ✗ EnergyOpposes EnergyRepeals tax credit for clean fuel production, removing financial incentive for renewable energy companies, directly weakening clean energy support.95% confidence ✗ EnvironmentOpposes EnvironmentRepeals tax credit for clean fuel production, removing financial incentive for clean energy development, weakening environmental support.90% confidence ✗ TransportationOpposes TransportationRepeals clean fuel production tax credit (Section 45Z), weakening financial incentives for sustainable transportation alternatives. Directly removes support for clean fuel industry, contradicting sustainable transportation goals.65% confidence

Sub-Topics Business Taxes Tax Credits

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in committee · United States · House Feb 6, 2025

HR 1080: No Solar Panels on Fertile Farmland Act of 2025

HR 1080, the "No Solar Panels on Fertile Farmland Act of 2025," amends federal tax codes to exclude solar energy projects on "prime farmland" from key clean energy tax credits. The bill defines "prime farmland" using the USDA's standard (7 CFR §657.5) and removes eligibility for residential solar credits (Section 25D), production credits (Section 45), investment credits (Section 48), and clean electricity credits (Sections 48E and 45Y) for projects on such land. This directly affects solar developers and property owners seeking these tax incentives for installations on designated prime farmland. The policy change applies to projects placed in service after the bill's enactment date.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill removes tax credits for solar projects on prime farmland, restricting clean energy incentives under federal tax code (Sections 25D, 45, 48, 48E, 45Y).95% confidence ✗ EnergyOpposes EnergyRemoves tax credits for solar on prime farmland, directly restricting renewable energy development by limiting financial incentives for solar projects on fertile land.95% confidence ✗ EnvironmentOpposes EnvironmentRemoves tax credits for solar on prime farmland, restricting clean energy deployment and weakening environmental progress by hindering renewable energy adoption on productive land.95% confidence ✗ TechnologyOpposes TechnologyRestricts solar energy tax credits on prime farmland, directly limiting clean energy technology deployment and defunding solar projects.90% confidence

Sub-Topics Tax Credits Energy Storage Renewable Energy Solar Climate Change

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