Affordable Youth Enrichment Opportunities Act
Rep. Figures and Rep. McIver Introduce Bipartisan Bill for $5,000 Youth Activity Tax Deduction
This bill is currently in the early stages of the legislative process after being sent to the House Committee on Ways and Means for review. It is considered active, but no further meetings or votes have been scheduled at this time. There is no companion bill listed for this proposal.
Legislative Progress
The bill has support from both parties, which helps its chances. However, it must pass through the powerful tax committee where many different tax ideas compete for attention.
Key Points
Impact Analysis
Personal Impact
Life & Work
Small businesses that run youth enrichment programs like tutoring centers, sports training academies, dance studios, and music schools could see increased demand as families gain a tax incentive to enroll their children. The broad definition of qualifying programs and covered expenses means many types of youth-oriented small businesses could benefit from increased customer spending.
Programs
Milestones
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
2 articles
Alabama Congressman's Bill Would Give Parents up to $5,000 for Kids' Sports, Music Lessons, Tutoring
A new bill introduced by Alabama Rep. Shomari Figures proposes a $5,000 tax deduction for youth activities. The Affordable Youth Enrichment Opportunities Act covers registration fees, equipment, and specialized training for sports, arts, and tutoring for children under 19.
Figures introduces legislation to help working families afford youth sports, arts programs
Rep. Shomari Figures (D-AL) introduced the Affordable Youth Enrichment Opportunities Act on Wednesday. The legislation is designed to provide a tax break for parents to help cover the rising costs of tutoring, youth sports, and arts training like music and dance.
Source Information
Document Type
Congressional Bill
Official Title
Affordable Youth Enrichment Opportunities Act
Data Sources
Sponsor
Cosponsors
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