Young Adult Tax Credit Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 6
- Latest action
- May 26, 2026
What it does
The Young Adult Tax Credit Act would create a new refundable tax credit of $500 per month for eligible individuals between the ages of 18 and 24, with the option to receive the benefit as monthly advance payments.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money.