Bills · HR 7584
IN COMMITTEE· 119TH CONGRESS
House BillHR 7584Taxation
Multigenerational Family Tax Credit Act of 2026
INTRO FEB 13· LAST ACTION FEB 13
READING
4MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
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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 addresses the growing trend of multigenerational living, often driven by the increasing costs of senior care facilities and the desire for families to keep loved ones at home. Many homes are not designed for aging or disabled individuals, and modifications like grab bars, ramps, or wider doorways can be very expensive.
If this bill becomes law, it would financially assist families in creating safer and more accessible home environments, potentially reducing the financial burden of caregiving and allowing seniors and disabled individuals to age in place with dignity. If it doesn't pass, families will continue to bear the full cost of these necessary home modifications, which could force some into more expensive care options or make it harder for them to provide adequate care at home.
KEY PROVISIONS
4AI-extractedPROVISION 01
Establishes a new tax credit for expenses related to making a home safer, more mobile, or more accessible for an elderly or disabled relative living with the taxpayer.
This creates a direct financial incentive for families to adapt their homes for the needs of aging or disabled family members.
PROVISION 02
The credit offers a maximum of $8,000 per year, with adjustments for inflation in later years, and begins to phase out for higher-income taxpayers.
This sets the financial value of the credit and targets relief towards middle-income families, while also acknowledging the rising cost of living over time.
PROVISION 03
Fifty percent of the credit is refundable, meaning taxpayers can receive it as a cash refund even if they owe no federal income tax.
This ensures that lower-income families who may not have a significant tax liability can still benefit from the credit.
PROVISION 04
Defines a 'qualified relative' as an individual who is 65 or older or disabled, has a specific family relationship to the taxpayer, and lives with the taxpayer for more than half the year.
This clearly outlines who a taxpayer can claim the credit for, preventing misuse and focusing on dependents in need.
SPONSORSHIP
1 + 0
D· California
YRS IN OFFICE
1
BILLS LED
16
ACTION TIMELINE
2 EVENTSFEB 13
Introduced in House
FEB 13
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 7584
Congress119th
StatusIn Committee
IntroducedFeb 13, 2026
Last actionFeb 13, 2026
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED FEB 13, 2026
House BillHR 7584Taxation
Multigenerational Family Tax Credit Act of 2026
INTRODUCED FEB 13, 2026· LAST ACTION FEB 13, 2026
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
0
COMPLEXITY
Moderate
