HR. 782In Committee
Reignite Hope Act of 2025
Establishes a three-year nonrefundable tax credit for certain full-time workers in qualified opportunity zones and expands the child tax credit
Plain-English overview
What this bill does
Establishes a three-year nonrefundable tax credit for certain full-time workers in qualified opportunity zones and expands the child tax credit
Key points
- Establish critical employee tax credit
- Modify child tax credit eligibility rules
- Increase child tax credit amounts
- Extend child tax credit phaseout thresholds
Current status
Where it stands
Status
In Committee
Latest action
2025-01-28 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation