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Child Care Fund and Estate Tax Changes.

This bill establishes a new trust fund to support child care services, funded by a portion of the estate tax. It also lowers the estate and gift tax exemption, potentially subjecting more estates and gifts to taxation. The aim is to improve access to and quality of child care.
Key points
An Early Childhood Education Trust Fund will be created to finance child care services.
15% of estate tax revenues will be allocated to this fund, with at least 25% specifically for child care supply grants.
The estate and gift tax exemption will be reduced from $15 million to $7 million, potentially affecting more estates and gifts.
The changes to estate and gift tax will take effect for estates of decedents dying and gifts made after December 31, 2025.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4330
Sponsor: Rep. Jacobs, Sara [D-CA-51]
Process start date: 2025-07-10
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4330.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-07-10.

What are the main provisions?

Key points include:

  • An Early Childhood Education Trust Fund will be created to finance child care services.
  • 15% of estate tax revenues will be allocated to this fund, with at least 25% specifically for child care supply grants.
  • The estate and gift tax exemption will be reduced from $15 million to $7 million, potentially affecting more estates and gifts.
  • The changes to estate and gift tax will take effect for estates of decedents dying and gifts made after December 31, 2025.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Jacobs, Sara [D-CA-51].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education Taxes Family