To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for school supplies.

HR10403, introduced by Rep. Eugene Simon (D-VA) on September 15, 2026, would amend the Internal Revenue Code to establish a refundable tax credit for school supplies. The bill has been referred to the House Committee on Ways and Means, which has jurisdiction over tax legislation. At this early stage, the bill has not been marked up, voted on, or passed by either chamber. The legislative path ahead includes committee hearings, potential amendments, a full House vote, Senate consideration, and possible presidential action. Given the procedural status, there is no immediate market impact. The bill's mechanism—a refundable tax credit—would provide a direct financial benefit to eligible taxpayers (likely teachers or parents) who purchase school supplies, but the specific parameters (credit amount, eligible expenses, income limits) are not detailed in the provided text. No specific companies are named or directly affected. The affected sector is Education, but no publicly traded companies are clearly tied to this credit. The bill does not alter procurement, regulation, or revenue streams for any specific industry. Consequently, no tickers meet the confidence threshold for inclusion.