To amend the Internal Revenue Code of 1986 to establish the newborn tax credit and for other purposes.

Referred to the House Committee on Ways and Means.

2026-05-13

The proposal would create a new tax credit for families when they have a newborn child, reducing the amount of federal income taxes they owe. This credit would provide financial support to parents during the early years of raising a child, similar to other existing tax benefits for families with dependents. The bill is currently under review by the House Committee on Ways and Means.