To amend the Internal Revenue Code of 1986 to establish a refundable young adult tax credit with monthly advance payment.
Sponsored by McGarvey, Morgan (Democrat-KY-3) · House · Introduced May 26, 2026
AI-assisted analysis: Summaries and rider analysis are generated using AI and reviewed for accuracy. This tool is for informational purposes only. Always verify with official sources before making decisions.Learn about our methodology.
Plain-English Summary (AI-assisted)
This bill would create a new tax credit for young adults and allow them to receive the benefit monthly instead of waiting until tax time. The credit would be refundable, meaning eligible individuals could receive payments even if they owe no taxes.
Legislative Status Timeline
Introduced
May 26, 2026
In Committee
May 26, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
McGarvey, Morgan
Independent · KY-3
Want to know when this bill's status changes?
Get notified about 119-hr-9031 and other KY legislation.