Family First Act
Summary
What This Bill Does
The bill creates permanently expands child tax credit to $4,200 per child under 6 and $3,000 per child ages 6-16, phases in at $20,000 AGI, phases out above $400K joint/$200K single, makes it fully refundable, caps at 6, creates new Section 36D providing a $2,800 refundable tax credit for pregnant mothers with an unborn child at 20+ weeks gestation, phasing in at $10,000 AGI, phasing out above $400K/$200K, with physician certification, and creates full text of new Section 36D credit for pregnant mothers - provides $2,800 credit, defines qualifying unborn child as 20+ weeks gestation with physician certification, includes income phaseout and inflation. It relies on tax credits, tax increase, and spending mandate. The main policy areas are Tax Policy, Education, and Healthcare.
Who Benefits and How
Federal revenue could gain revenue opportunities, Pregnant women (20+ weeks gestation) could see lower costs, and Families with children under 17 could see lower costs.
Who Bears the Burden and How
Federal revenue could lose revenue opportunities, Individual taxpayers in high-tax states (NY, NJ, CA, CT, IL) could face higher costs, and Taxpayers claiming dependent exemptions could face higher costs.
Key Provisions
- Creates permanently expands child tax credit to $4,200 per child under 6 and $3,000 per child ages 6-16, phases in at $20,000 AGI, phases out above $400K joint/$200K single, makes it fully refundable, caps at 6...
- Creates new Section 36D providing a $2,800 refundable tax credit for pregnant mothers with an unborn child at 20+ weeks gestation, phasing in at $10,000 AGI, phasing out above $400K/$200K, with physician certification.
- Creates full text of new Section 36D credit for pregnant mothers - provides $2,800 credit, defines qualifying unborn child as 20+ weeks gestation with physician certification, includes income phaseout and inflation...
- Creates simplifies earned income credit by collapsing multiple child tiers into one tier with higher credit percentage (25%), higher earned income amounts, and higher caps ($4,300/$5,000 for filers with children).
- Repeals eliminates the additional exemption for dependents by setting the exemption amount to zero for taxable years after December 31, 2025.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates permanently expands child tax credit to $4,200 per child under 6 and $3,000 per child ages 6-16, phases in at $20,000 AGI, phases out above $400K joint/$200K single, makes it fully refundable, caps at 6, creates new Section 36D providing a $2,800 refundable tax credit for pregnant mothers with an unborn child at 20+ weeks gestation, phasing in at $10,000 AGI, phasing out above $400K/$200K, with physician certification, and creates full text of new Section 36D credit for pregnant mothers - provides $2,800 credit, defines qualifying unborn child as 20+ weeks gestation with physician certification, includes income phaseout and inflation.
Key Policy Areas
Tax Policy, Education, Healthcare
Primary Purpose
The bill creates permanently expands child tax credit to $4,200 per child under 6 and $3,000 per child ages 6-16, phases in at $20,000 AGI, phases out above $400K joint/$200K single, makes it fully refundable, caps at 6, creates new Section 36D providing a $2,800 refundable tax credit for pregnant mothers with an unborn child at 20+ weeks gestation, phasing in at $10,000 AGI, phasing out above $400K/$200K, with physician certification, and creates full text of new Section 36D credit for pregnant mothers - provides $2,800 credit, defines qualifying unborn child as 20+ weeks gestation with physician certification, includes income phaseout and inflation.
Policy Domains
Title I - Child Tax Credit and Tax Credit for Pregnant Mothers
Identified Gains
- Federal revenue
- Pregnant women (20+ weeks gestation)
- Families with children under 17
- Lower-income taxpayers with 1 or more qualifying children
- Lower-income families (AGI $20K+)
Identified Costs
- Federal revenue
- Individual taxpayers in high-tax states (NY, NJ, CA, CT, IL)
- Taxpayers claiming dependent exemptions
- Single parents and head of household filers
- Parents using childcare for children under 17
Sponsors
Legislative Progress
In CommitteeMr. Banks introduced the following bill; which was read twice …
Read twice and referred to the Committee on Finance.
Introduced in Senate
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Families with children under 17, Individual taxpayers in high-tax states (NY, NJ, CA, CT, IL), Lower-income families (AGI $20K+)
Positive-direction: Families with children under 17, Lower-income families (AGI $20K+), Lower-income taxpayers with 1 or more qualifying children, Lower-income taxpayers without children, Pregnant women (20+ weeks gestation), Puerto Rico residents
Negative-direction: Individual taxpayers in high-tax states (NY, NJ, CA, CT, IL), Parents using childcare for children under 17, Single parents and head of household filers, Taxpayers claiming dependent exemptions
Federal revenue, State and local governments (reduced tax competitiveness)
Federal revenue faces effects in multiple directions
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
Key Definitions
Terms defined in this bill
An unborn child whose gestational age is 20 weeks or greater, as certified by a physician
A qualifying child of the taxpayer under section 152(c) who has not attained age 17
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology