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Young Adult Tax Credit Act

In committee: it can still change before the session ends.

US HR 9031 · House Bill · 119th Congress

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.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    May 26, 2026

  2. Committee (Current step)

    In committee · May 26, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Young Adult Tax Credit Act | 52