U.S. Congress legislation · 119th Congress
HB10657: SPROUT Act of 2026
Status: In committee, October 1, 2026
To amend the Internal Revenue Code of 1986 to allow a special depreciation allowance for qualified early childhood education centers.
What the bill says
To amend the Internal Revenue Code of 1986 to allow a special depreciation allowance for qualified early childhood education centers.
From the introduced text, October 1, 2026:
A BILL To amend the Internal Revenue Code of 1986 to allow a special depreciation allowance for qualified early childhood education centers. SECTION 1. Short title This Act may be cited as the Supporting Early Childhood Education Opportunities through Upfront Tax Deductions Act of 2026 or the SPROUT Act of 2026 . SECTION 2. Special depreciation allowance for qualified early childhood education centers (a) In general Section 168 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (o) Special allowance for qualified early childhood education centers (1) In general In the case of any qualified early childhood education center of a taxpayer making an election under this section-- (A) the depreciation deduction provided by section 167(a) for the taxable year in which such property is placed in service shall include an allowance equal to 100 percent of the adjusted basis of the qualified early childhood education center, and (B) the adjusted basis of the qualified early childhood education center shall be reduced by the amount of such deduction before computing the amount otherwise allowable as a depreciation deduction under this chapter for such taxable year and any subsequent taxable year. (2) Qualified early childhood education center For purposes of this subsection, the term qualified early childhood education center means that portion …
Sponsors
- Jeff Crank (R, HD-005) · primary sponsor
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB10657?
- HB10657 is a bill in Congress (119th Congress): SPROUT Act of 2026.
- What does HB10657 do?
- In its own words: To amend the Internal Revenue Code of 1986 to allow a special depreciation allowance for qualified early childhood education centers.
- What is the status of HB10657?
- In committee as of October 1, 2026. Latest action: Referred to the House Committee on Ways and Means. (October 1, 2026).
- Who sponsored HB10657?
- Jeff Crank (R, HD-005).
- Where is the official record for HB10657?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10657
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.