Bills · HR 4330
IN COMMITTEE· 119TH CONGRESS
House BillHR 4330Taxation
To amend the Internal Revenue Code of 1986 to establish the Early Childhood Education Trust Fund consisting of amounts paid for the estate tax and made available to fund child care services, and for other purposes.
INTRO JUL 10· LAST ACTION JUL 10
READING
3MIN
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- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it attempts to address the pressing issue of child care affordability and availability for many working families across the country. By dedicating a portion of estate tax revenue, it proposes a new and potentially significant funding stream for early childhood education, which could help expand access and reduce costs for parents.
Conversely, it significantly changes federal estate and gift tax policy. By lowering the tax exemption, it could increase government revenue while also increasing the tax burden on wealthier estates. Voters should care because it impacts both social support programs for families and the taxation of inherited wealth, touching on issues of economic equity, government spending, and the cost of living for parents.
KEY PROVISIONS
4AI-extractedPROVISION 01
Establishes the Early Childhood Education Trust Fund in the U.S. Treasury.
This creates a dedicated fund specifically for early childhood education and child care services.
PROVISION 02
Directs 15% of all federal estate tax revenue each year to be deposited into the new Trust Fund.
This provides a specific, ongoing funding source for child care, linking it directly to estate taxes.
PROVISION 03
Authorizes the Secretary of Health and Human Services to award child care supply grants from the fund to states, supplementing the existing Child Care and Development Block Grant Act.
This ensures the funds are used for child care services and integrates them with current federal grant programs.
PROVISION 04
Decreases the basic exclusion amount for federal estate and gift taxes from $15 million to $7 million (adjusted for inflation from 2025).
This change means a larger portion of wealthy estates and gifts will be subject to federal taxes.
SPONSORSHIP
1 + 0
D· California
YRS IN OFFICE
5
BILLS LED
32
ACTION TIMELINE
2 EVENTSJUL 10
Introduced in House
JUL 10
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, 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.
BILL INFO
TypeHouse Bill
NumberHR 4330
Congress119th
StatusIn Committee
IntroducedJul 10, 2025
Last actionJul 10, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED JUL 10, 2025
House BillHR 4330Taxation
To amend the Internal Revenue Code of 1986 to establish the Early Childhood Education Trust Fund consisting of amounts paid for the estate tax and made available to fund child care services, and for other purposes.
INTRODUCED JUL 10, 2025· LAST ACTION JUL 10, 2025
PASSAGE CHANCES
—%
READING
3 min
COSPONSORS
0
COMPLEXITY
Moderate
