House Democrats' American Affordability Act Would Cut Costs on Housing, Energy, and Child Care
Stalled
No legislative action in over 90 days.
Creates new tax credits for licensed family child care providers (up to $5,000 for startup costs), and expands the historic rehabilitation tax credit with higher rates and transferability for small projects. Also introduces investment credits for water reuse, recycling, and electric power transmission. These incentives could help small businesses offset costs of starting or expanding operations.
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Workforce, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
U.S. Rep. John B. Larson joined other House Democrats to introduce the American Affordability Act of 2025. The measure aims to expand affordable housing, lower energy bills, and cut taxes for working families through a new renter tax credit and a $15,000 first-time homebuyer credit.
Rep. Mike Thompson (D-CA), along with Reps. John Larson and Richard Neal, introduced H.R. 6900 to address the nation's cost-of-living crisis. The bill includes provisions to restore the expanded Child Tax Credit and create a new $5,000 refundable tax credit for family childcare center startups.
Rep. Jimmy Panetta joined Democratic colleagues to introduce the American Affordability Act, which incorporates his 'More Homes on the Market Act' to increase housing supply by doubling capital gains tax exemptions for primary residence sales and establishing a $15,000 homebuyer credit.
Document Type
Congressional Bill
Official Title
American Affordability Act of 2025
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