LIFT Act
Bill Summary
Reduces taxes for certain low-income and middle-class families by expanding tax credits. Expands the Earned Income Tax Credit and Child Tax Credit to help working individuals and families.
Sponsored By
Bill Journey
- May 15, 2026
- May 15, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects low-income and middle-class working families, potentially increasing their take-home pay and reducing their tax burden. It may also impact individuals with children, as it expands the Child Tax Credit to provide more financial support.
Impact Areas
Support & Opposition
- Democratic1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.