Bill > S2974

This bill, called the SECURE Benefits Act of 2025, introduces several key provisions related to tax credits and work authorization for individuals with temporary work status. The bill requires individuals claiming the Child Tax Credit, Earned Income Tax Credit, Saver's Credit, and Saver's Match to have a valid Social Security number, with specific requirements for those with temporary work authorization. The Social Security Administration will now issue temporary work-authorized Social Security numbers to individuals with valid work authorization from the Department of Homeland Security, with these numbers clearly marked as temporary and employment-specific. For tax credits, individuals with temporary work-authorized Social Security numbers must have their work authorization confirmed by the Secretary of Homeland Security at the time of filing their tax return. The bill also establishes penalties for fraudulent claims, including adding an amount equal to the claimed credit or $5,000 to the taxpayer's tax liability, with a reasonable cause exception. These new requirements will take effect for taxable years beginning after December 31, 2026, and involve information sharing between the Social Security Administration, Homeland Security, and the Internal Revenue Service to verify work authorization status.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/2974/all-info