<p><strong>Reignite Hope Act of 2025 </strong></p><p>This bill establishes a new nonrefundable personal tax credit (for three years) of $3,500 for critical employees. The bill also increases and makes other changes to the child tax credit.</p><p>Under the bill, a <em>critical employee</em> is defined as an individual who works full-time for at least 75% of the tax year (as certified by such individual’s employer) as a</p><ul><li>healthcare professional,</li><li>law enforcement officer,</li><li>member of a rescue squad or ambulance crew,</li><li>firefighter,</li><li>eligible child care provider,</li><li>family child care provider, or</li><li>personal or homecare aid.</li></ul><p>Further, under the bill, such individual’s primary place of employment for the majority of hours worked during the tax year must be in a qualified opportunity zone. (A qualified opportunity zone is an economically distressed community where new investments may be eligible for certain tax preferences.)</p><p>This bill increases the child tax credit from $2,000 per qualifying child to $3,500 per qualifying child (or $4,500 per qualifying child under six years old).</p><p>The bill also</p><ul><li>increases the age limit of a qualifying child to 17 years old (from 16 years old),</li><li>extends the&nbsp;threshold at which the child tax credit begins to phase out ($200,000 for single taxpayers or $400,000 for married taxpayers filing jointly),</li><li>extends the child tax credit identification requirements applicable to qualifying children, and</li><li>increases the refundable portion of the child tax credit for certain taxpayers with fewer than three qualifying children.</li></ul>