H.R. 8305

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8305 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 8305

To amend the Internal Revenue Code of 1986 to increase the amount of 
the earned income tax credit for parents of young children.

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IN THE HOUSE OF REPRESENTATIVES

April 15, 2026

Ms. McDonald Rivet introduced the following bill; which was referred to 
the Committee on Ways and Means

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A BILL

To amend the Internal Revenue Code of 1986 to increase the amount of 
the earned income tax credit for parents of young children.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Working Parents Tax Relief Act of 
2026''.

SEC. 2. INCREASE IN EARNED INCOME TAX CREDIT FOR PARENTS OF YOUNG 
CHILDREN.

(a) In General.--Section 32(c) of the Internal Revenue Code of 1986 
is amended by adding at the end the following new paragraph:
``(5) Increase in percentages for parents of young 
children.--
``(A) Credit percentages.--
``(i) 1 child.--In the case of an eligible 
individual with 1 qualifying child, the credit 
percentage determined under subsection (b)(1) 
shall be increased by 42.24 percentage points 
if such qualifying child has not attained age 
4.
``(ii) 2 or more children.--In the case of 
an eligible individual with 2 or more 
qualifying children, the credit percentage 
determined under subsection (b)(1) shall be 
increased by 30.07 percentage points for each 
of the youngest 3 qualifying children of such 
eligible individual that has not attained age 
4.
``(B) Phaseout percentage.--In the case of an 
eligible individual with 1 or more qualifying children, 
the phaseout percentage determined under subsection 
(b)(1) shall be increased by 5 percentage points for 
each of the youngest 3 qualifying children of such 
eligible individual that has not attained age 4.
``(C) Monthly payment.--The Secretary shall 
establish a program allowing, at the election of the 
taxpayer, for making so much of any refund payment owed 
to a taxpayer by reason of operation of this paragraph 
in equal monthly increments divided among the remaining 
months in the taxable year of the taxpayer during which 
the amount of such refund is determined.''.
(b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2025.
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