CONGRESS FOR VOTERS

DemocratBill · H.R. 4653· House(119-HR-4653)

First-Time Parents Tax Credit Act

Rep. Figures
Age: 41 years
Alabama
Introduced
7/23/2025
Last activity
7/23/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Shomari Figures
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "First-Time Parents Tax Credit Act," proposes to amend the Internal Revenue Code of 1986. It seeks to establish a new refundable tax credit specifically for eligible new parents. The credit amount is set at $1,250 for an individual, or $2,500 if two eligible new parents file a joint return. Eligibility is based on being a parent of a child born or adopted during the taxable year, or a non-custodial parent of a child born or adopted in the previous year. This new section would be designated as Section 36C. The changes are intended to take effect for taxable years beginning after December 31, 2025.

Yes· 3 of 8

  • Would households on low incomes be better off under this?+5

    Because the credit is refundable, it provides direct cash assistance to low-income parents.

  • Does this cut taxes for middle-income families?+5

    The bill provides a refundable tax credit of up to $2,500 for new parents, which lowers their tax liability.

  • Would children be better off under this?+4

    The credit provides financial support for families with newborn or newly adopted children.

The opposite

  • Does this reduce what the federal government spends?-2

    The establishment of a new refundable tax credit increases federal revenue expenditures.