Multigenerational Family Tax Credit Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7584 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7584 To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified multigenerational housing expenses, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 13, 2026 Ms. Rivas introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified multigenerational housing expenses, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Multigenerational Family Tax Credit Act of 2026''. SEC. 2. CREDIT FOR QUALIFIED MULTIGENERATIONAL HOUSING EXPENSES. (a) In General.--Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25F the following…