H.R. 9031 proposes an amendment to the Internal Revenue Code to create a refundable tax credit specifically for young adults. This credit would be available to eligible individuals and would be paid out in monthly advance payments, providing financial support on a regular basis rather than as a lump sum at tax time.
Supporters of H.R. 9031 have praised the bill for its potential to alleviate financial burdens on young adults, particularly in the wake of rising living costs and student debt. Media coverage has highlighted the benefits of providing consistent monthly payments, which could help young individuals manage their budgets more effectively and promote economic stability.
Critics of H.R. 9031 argue that establishing a new tax credit could complicate the tax system and lead to increased government spending. Some media outlets have voiced concerns about the long-term fiscal implications of the bill, suggesting that it may not be sustainable or could divert funds from other essential programs.
The analysis of H.R. 9031, which aims to establish a refundable young adult tax credit, reveals no direct industry overlaps between the bill's subject matter and the sponsor Morgan McGarvey's top donor industries. The lobbying activity related to this bill includes various organizations, but none appear to have a direct financial interest in the tax credit itself. The largest lobbying contributions come from organizations such as Zero to Three ($60,000) and the National Association of State Aviation Officials ($30,000), which do not have a clear connection to the bill's focus on young adult tax credits. This lack of direct financial ties indicates a low risk of conflict of interest for voters to be concerned about.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| ZERO TO THREE | ACTUM I, LLC | $60,000 |
| SECURITY INDUSTRY ASSOCIATION | SECURITY INDUSTRY ASSOCIATION | $34,000 |
| NATIONAL ASSOCIATION OF STATE AVIATION OFFICIALS | NATIONAL ASSOCIATION OF STATE AVIATION OFFICIALS | $30,000 |
| SECURITIES INVESTOR PROTECTION CORPORATION | RICH FEUER ANDERSON | $30,000 |
| EARLY EDGE CALIFORNIA | ACTUM I, LLC | $20,000 |
| POWERUS | SAUNDERS GLOBAL DIPLOMACY | $17,500 |
| ALABAMA FAMILIES FOR GREAT SCHOOLS | BRADLEY ARANT BOULT CUMMINGS LLP | $10,000 |
| NATIONAL ASSOCIATION FOR FAMILY CHILD CARE | ACTUM I, LLC | $10,000 |
| MID-TIER ADVOCACY | WASHINGTON PREMIER GROUP | undisclosed |
| SPECIALTY MATERIALS, INC | STRATEGIC MARKETING INNOVATIONS | undisclosed |
| SENECA NATION | SPIRIT ROCK CONSULTING | undisclosed |
| JOHN BRIAN LEDBETTER MISSIONS | JOHN BRIAN LEDBETTER MISSIONS | undisclosed |
| ALLIANCE FOR MEDICARE | THE PICARD GROUP, LLC | undisclosed |
| GULF PORTS ASSN | PAT YOUNGER | undisclosed |
| FUTURE DEFENSE USA, INC. | DENNIS CARDOZA CONSULTING SERVICES | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Morgan McGarvey, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
