H.R. 7547118th CongressHouse Bill

Young Adult Tax Credit Act

Introduced in the HouseDead

This bill died when its Congress ended.

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This bill allows a refundable young adult tax credit and a monthly advance payment of such credit. The bill defines young adult as an individual who is at least age 18, but not yet 25, and is either a citizen, national, or resident of the United States. The amount of such credit is the sum of $500 for each taxpayer or taxpayer dependent who is a young adult in any calendar month.

Introduced Mar 5, 2024
1
Introduced

Filed in the House

2
Passed House
3
Passed Senate
4
Became Law

This house bill has been filed and is working its way through Congress. It will need to pass both the House and the Senate, then be signed by the President to become law.

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