Affordable Youth Enrichment Opportunities Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9426 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9426 To amend the Internal Revenue Code of 1986 to establish a deduction for qualified youth program expenditures. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 24, 2026 Mr. Figures (for himself and Mrs. McIver) 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 establish a deduction for qualified youth program expenditures. 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 ``Affordable Youth Enrichment Opportunities Act''. SEC. 2. DEDUCTION FOR QUALIFIED YOUTH PROGRAM EXPENDITURES. (a) In General.--Part VII of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 221 the following new section: ``SEC. 222. QUALIFIED YOUTH PROGRAM EXPENDITURES. ``(a) Allowance of Deduction.--In the case of an individual, there shall be allowed as a deduction for the taxable year an amount equal to the qualified youth program expenditures paid or incurred by the taxpayer during such taxable year. ``(b) Limitations.-- ``(1) In general.--The deduction allowed by subsection (a) for the taxable year shall not exceed $5,000. ``(2) Limitation based on modified adjusted gross income.-- ``(A) In general.--No deduction shall be allowed under subsection (a) for any taxable year if the modified adjusted gross income of the taxpayer for the taxable year exceeds the threshold amount. ``(B) Threshold amount.--For purposes of subparagraph (A), the term `threshold amount' means-- ``(i) $200,000 in the case of a joint return or a surviving spouse (as defined in section 2