Bright Beginnings Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10815 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 10815 To amend the Internal Revenue Code of 1986 to establish a credit for amounts paid or incurred by child care providers to advance innovation and access for developmentally disabled individuals. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 15, 2026 Mr. Correa (for himself, Mr. Fitzpatrick, Ms. Houlahan, Mr. Garcia of Illinois, Mr. Carbajal, and Mr. Soto) 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 credit for amounts paid or incurred by child care providers to advance innovation and access for developmentally disabled individuals. 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 ``Bright Beginnings Act''. SEC. 2. ESTABLISHMENT OF CHILD CARE INNOVATION AND ACCESS CREDIT. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 45BB. CHILD CARE INNOVATION AND ACCESS CREDIT. ``(a) In General.--For purposes of section 38, in the case of an eligible child care provider, the child care innovation and access credit determined under this section for any taxable year is an amount equal to so much of the eligible expenditures of the taxpayer for such taxable year as does not exceed $10,000. ``(b) Eligible Child Care Provider.--For purposes of this section, the term `eligible child care provider' means a center-based provider of child care services that-- ``(1) provides such services-- ``(A) for compensation, ``(B) for fewer than 24 hours per day, and ``