H.R. 4653

119th CONGRESS 1st Session

To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for first-time parents.

IN THE HOUSE OF REPRESENTATIVES · July 23, 2025 · Sponsor: Mr. Figures · Committee: Committee on Ways and Means

Sec. 36C. First-time parents tax credit.

First-time parents tax credit
(a) Allowance of credit
- In the case of an eligible new parent, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to $1,250 (twice such amount in the case of two eligible new parents filing a joint return).
- Allowance of credit
(b) Eligible new parent
- For purposes of this section, the term eligible new parent means, with respect to a taxable year, a taxpayer—
  - who has not claimed the credit in a prior taxable year, and
  - who is—
    - the parent of a qualifying child (as defined in section 152(c)) who was born or adopted during the taxable year, or
    - the non-custodial parent of a child who was born or adopted in the taxable year immediately preceding the current taxable year.
(c) Non-Custodial parent
- For purposes of this section, the term means an individual— non-custodial parent
  - whose name appears on the birth certificate of the child with respect to whom a credit is allowed under subsection (a), and
  - who can not claim such child as a qualifying child during the taxable year in which the credit under subsection (a) is allowed to such individual.