Us Congress 2025-2026 Regular Session

Us Congress House Bill HB782 Compare Versions

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Old	New	Differences
1	1	I
2	2	119THCONGRESS
3	3	1
4	4	STSESSION H. R. 782
5	5	To amend the Internal Revenue Code of 1986 to establish a credit for
6	6	hired critical employees and to make permanent certain expiring provi-
7	7	sions relating to the child tax credit.
8	8	IN THE HOUSE OF REPRESENTATIVES
9	9	JANUARY28, 2025
10	10	Mr. J
11	11	AMES(for himself and Mr. CISCOMANI) introduced the following bill;
12	12	which was referred to the Committee on Ways and Means
13	13	A BILL
14	14	To amend the Internal Revenue Code of 1986 to establish
15	15	a credit for hired critical employees and to make perma-
16	16	nent certain expiring provisions relating to the child tax
17	17	credit.
18	18	Be it enacted by the Senate and House of Representa-1
19	19	tives of the United States of America in Congress assembled, 2
20	20	SECTION 1. SHORT TITLE. 3
21	21	This Act may be cited as the ‘‘Reignite Hope Act of 4
22	22	2025’’. 5
23	23	SEC. 2. CREDIT FOR HIRED CRITICAL EMPLOYEES. 6
24	24	(a) I
25	25	NGENERAL.—Subpart A of part IV of sub-7
26	26	chapter A of chapter 1 of the Internal Revenue Code of 8
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29	29	•HR 782 IH
30	30	1986 is amended by inserting after section 25E the fol-1
31	31	lowing new section: 2
32	32	‘‘SEC. 25F. CREDIT FOR HIRED CRITICAL EMPLOYEES. 3
33	33	‘‘(a) A
34	34	LLOWANCE OFCREDIT.—In the case of a crit-4
35	35	ical employee, there shall be allowed $3,500 as a credit 5
36	36	against the tax imposed by this chapter. 6
37	37	‘‘(b) C
38	38	RITICALEMPLOYEE.—For purposes of this 7
39	39	section: 8
40	40	‘‘(1) I
41	41	N GENERAL.—The term ‘critical em-9
42	42	ployee’ means any of the following individuals whose 10
43	43	employer certifies that such individual worked full- 11
44	44	time for not less than 75 percent of the taxable year 12
45	45	in such professional capacity and that such individ-13
46	46	ual’s primary place of employment for the majority 14
47	47	of hours worked during such taxable year is located 15
48	48	in a qualified opportunity zone: 16
49	49	‘‘(A) A healthcare professional. 17
50	50	‘‘(B) A law enforcement officer (as such 18
51	51	term is defined in section 806 of title I of the 19
52	52	Omnibus Crime Control and Safe Streets Act of 20
53	53	1968). 21
54	54	‘‘(C) A member of a rescue squad or am-22
55	55	bulance crew (as such term is defined in section 23
56	56	806 of title I of the Omnibus Crime Control 24
57	57	and Safe Streets Act of 1968). 25
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60	60	•HR 782 IH
61	61	‘‘(D) A firefighter (as such term is defined 1
62	62	in section 806 of title I of the Omnibus Crime 2
63	63	Control and Safe Streets Act of 1968). 3
64	64	‘‘(E) an eligible child care provider or fam-4
65	65	ily child care provider (as such terms are de-5
66	66	fined in section 658P of the Child Care and De-6
67	67	velopment Block Grant Act of 1990). 7
68	68	‘‘(F) personal or home care aide (as such 8
69	69	term is defined in section 2008 of the Social 9
70	70	Security Act). 10
71	71	‘‘(2) H
72	72	EALTHCARE PROFESSIONAL .—The term 11
73	73	‘healthcare professional’ means— 12
74	74	‘‘(A) a certified nursing assistant, or 13
75	75	‘‘(B) a licensed practical nurse or reg-14
76	76	istered professional nurse. 15
77	77	‘‘(3) The term ‘qualified opportunity zone’ 16
78	78	means a census tract designated as a qualified op-17
79	79	portunity zone under section 1400z–1(b)(1) as of 18
80	80	the date of the enactment of this section. 19
81	81	‘‘(c) S
82	82	UNSET.—No credit shall be allowed under sub-20
83	83	section (a) for any taxable year beginning after the date 21
84	84	that is 3 years after the date of the enactment of this 22
85	85	section.’’. 23
86	86	(b) C
87	87	LERICALAMENDMENT.—The table of section 24
88	88	for subpart A of part IV of subchapter A of chapter 1 25
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91	91	•HR 782 IH
92	92	of such Code is amended by inserting after the item relat-1
93	93	ing to section 25E the following new item: 2
94	94	‘‘Sec. 25F. Credit for hired critical employees.’’.
95	95	(c) EFFECTIVEDATE.—The amendments made by 3
96	96	this section shall apply to taxable years beginning after 4
97	97	the date of the enactment of this section. 5
98	98	SEC. 3. PERMANENT EXTENSION AND MODIFICATION OF 6
99	99	SPECIAL RULES FOR CHILD TAX CREDIT. 7
100	100	(a) I
101	101	NGENERAL.—Section 24 of the Internal Rev-8
102	102	enue Code of 1986 is amended by striking subsections (a), 9
103	103	(b), and (c) and inserting the following new subsections: 10
104	104	‘‘(a) A
105	105	LLOWANCE OF CREDIT.—There shall be al-11
106	106	lowed as a credit against the tax imposed by this chapter 12
107	107	for the taxable year an amount equal to the sum of— 13
108	108	‘‘(1) $3,500 for each qualifying child of the tax-14
109	109	payer ($4,500 in the case of a qualifying child who 15
110	110	has not attained age 6 as of the close of the cal-16
111	111	endar year in which the taxable year of the taxpayer 17
112	112	begins), and 18
113	113	‘‘(2) in the case of any taxable year beginning 19
114	114	before January 1, 2026, $500 for each qualifying 20
115	115	dependent (other than a qualifying child) of the tax-21
116	116	payer. 22
117	117	‘‘(b) L
118	118	IMITATIONBASED ONADJUSTEDGROSSIN-23
119	119	COME.—The amount of the credit allowable under sub-24
120	120	section (a) shall be reduced (but not below zero) by $50 25
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123	123	•HR 782 IH
124	124	for each $1,000 (or fraction thereof) by which the tax-1
125	125	payer’s modified adjusted gross income exceeds $400,000 2
126	126	in the case of a joint return ($200,000 in any other case). 3
127	127	For purposes of the preceding sentence, the term ‘‘modi-4
128	128	fied adjusted gross income’’ means adjusted gross income 5
129	129	increased by any amount excluded from gross income 6
130	130	under section 911, 931, or 933. 7
131	131	‘‘(c) Q
132	132	UALIFYINGCHILD; QUALIFYINGDEPEND-8
133	133	ENT.—For purposes of this section— 9
134	134	‘‘(1) Q
135	135	UALIFYING CHILD.—The term ‘qualifying 10
136	136	child’ means any qualifying dependent of the tax-11
137	137	payer— 12
138	138	‘‘(A) who is a qualifying child (as defined 13
139	139	in section 152(c)) of the taxpayer, 14
140	140	‘‘(B) who has not attained age 18 at the 15
141	141	close of the calendar year in which the taxable 16
142	142	year of the taxpayer begins, and 17
143	143	‘‘(C) whose name and social security num-18
144	144	ber are included on the taxpayer’s return of tax 19
145	145	for the taxable year. 20
146	146	‘‘(2) Q
147	147	UALIFYING DEPENDENT .—The term 21
148	148	‘qualifying dependent’ means any dependent of the 22
149	149	taxpayer (as defined in section 152 without regard 23
150	150	to all that follows ‘resident of the United States’ in 24
151	151	section 152(b)(3)(A)) whose name and TIN are in-25
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154	154	•HR 782 IH
155	155	cluded on the taxpayer’s return of tax for the tax-1
156	156	able year. 2
157	157	‘‘(3) S
158	158	OCIAL SECURITY NUMBER DEFINED .— 3
159	159	For purposes of this subsection, the term ‘social se-4
160	160	curity number’ means, with respect to a return of 5
161	161	tax, a social security number issued to an individual 6
162	162	by the Social Security Administration, but only if 7
163	163	the social security number is issued— 8
164	164	‘‘(A) to a citizen of the United States or 9
165	165	pursuant to subclause (I) (or that portion of 10
166	166	subclause (III) that relates to subclause (I)) of 11
167	167	section 205(c)(2)(B)(i) of the Social Security 12
168	168	Act, and 13
169	169	‘‘(B) on or before the due date of filing 14
170	170	such return.’’. 15
171	171	(b) P
172	172	ORTION OFCREDITREFUNDABLE.—Section 16
173	173	24(d)(1) of such Code is amended— 17
174	174	(1) by striking subparagraph (A) and inserting 18
175	175	the following: 19
176	176	‘‘(A) the credit which would be allowed 20
177	177	under this section determined— 21
178	178	‘‘(i) without regard to subsection 22
179	179	(a)(2), and 23
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182	182	•HR 782 IH
183	183	‘‘(ii) without regard to this subsection 1
184	184	(other than this subparagraph) and the 2
185	185	limitation under section 26(a), or’’, and 3
186	186	(2) in subparagraph (B)(i), by striking ‘‘15 per-4
187	187	cent of so much of the taxpayer’s earned income 5
188	188	(within the meaning of section 32) which is taken 6
189	189	into account in computing taxable income for the 7
190	190	taxable year as exceeds $3,000’’ and inserting ‘‘15.3 8
191	191	percent of the taxpayer’s earned income (within the 9
192	192	meaning of section 32) which is taken into account 10
193	193	in computing taxable income’’. 11
194	194	(c) C
195	195	ONFORMINGAMENDMENTS.— 12
196	196	(1) Section 24(e) of such Code is amended to 13
197	197	read as follows: 14
198	198	‘‘(e) T
199	199	AXPAYERIDENTIFICATIONREQUIREMENT.— 15
200	200	No credit shall be allowed under this section if the identi-16
201	201	fying number of the taxpayer was issued after the due date 17
202	202	for filing the return of tax for the taxable year.’’. 18
203	203	(2) Section 24 of such Code is amended by 19
204	204	striking subsection (h). 20
205	205	(d) R
206	206	EMOVAL OFDEADWOOD.— 21
207	207	(1) Section 24 of such Code is amended by 22
208	208	striking subsections (i), (j), and (k). 23
209	209	(2) Chapter 77 of such Code is amended by 24
210	210	striking section 7527A (and by striking the item re-25
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214	214	lating to section 7527A in the table of sections for 1
215	215	such chapter). 2
216	216	(3) Section 26(b)(2) of such Code is amended 3
217	217	by inserting ‘‘and’’ at the end of subparagraph (X), 4
218	218	by striking ‘‘, and’’ at the end of subparagraph (Y) 5
219	219	and inserting a period, and by striking subparagraph 6
220	220	(Z). 7
221	221	(4) Section 3402(f)(1)(C) of such Code is 8
222	222	amended by striking ‘‘section 24 (determined after 9
223	223	application of subsection (j) thereof)’’ and inserting 10
224	224	‘‘section 24(a)’’. 11
225	225	(5) Section 6211(b)(4)(A) of such Code is 12
226	226	amended— 13
227	227	(A) by striking ‘‘24 by reason of sub-14
228	228	sections (d) and (i)(1) thereof’’ and inserting 15
229	229	‘‘24(d)’’, and 16
230	230	(B) by striking ‘‘6428B, and 7527A’’ and 17
231	231	inserting ‘‘and 6428B’’. 18
232	232	(6) Section 1324(b)(2) of title 31, United 19
233	233	States Code, is amended by striking ‘‘6431, or 20
234	234	7527A’’ and inserting ‘‘or 6431’’. 21
235	235	(e) E
236	236	FFECTIVEDATE.—The amendments made by 22
237	237	this section shall apply to taxable years beginning after 23
238	238	December 31, 2024. 24
239	239	Æ
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