Congressman Fong Votes to Pass "One Big Beautiful Bill Act," Delivering Historic Tax Relief for California’s 20th District

WASHINGTON, D.C. – Today, Congressman Vince Fong (CA-20) voted to pass the Senate Amendment to H.R. 1, the “One Big Beautiful Bill Act.” This legislation delivers for the Central Valley by preventing the largest tax increase in American history, supporting our farmers and small businesses, and ensuring the sustainability of our government’s fiscal future. Congressman Fong’s vote underscores his commitment to securing a stronger, more prosperous nation and delivering on the clear mandate given to lawmakers by the American people. 

"This landmark legislation delivers immediate and meaningful results for the Central Valley – providing much-needed tax relief for working families and small businesses, supporting our farmers and ranchers, securing our borders, and investing in the water and energy infrastructure that drives our local economy,” said Congressman Fong (CA-20).

“It accomplishes all this while protecting the long-term solvency of critical safety net programs – despite the fiscal mismanagement coming out of Sacramento – strengthening domestic manufacturing and vital supply chains with American-made products, and enhancing our military readiness, supported by the brave men and women at our local military installations. 

"I look forward to seeing the President sign this historic bill into law so that it can begin to revitalize the American Dream and bring lasting economic opportunity and prosperity to the Central Valley.”

Please see below for highlights on how different provisions within this legislation empower California’s 20th District:

To support families, workers, and seniors:

• Prevents the largest tax increase in American history by making the 2017 Tax Cuts and Jobs Act permanent, protecting the average Central Valley taxpayer from an 18% tax hike or the equivalent of a $3,108 average annual tax increase per family
• Provides historic tax breaks for low-and-middle-income seniors with $6,000 of additional tax relief.
• Boosts the Child Tax Credit to $2,200 and provides every eligible newborn baby with $1,000 in an investment account.
• Strengthens the Paid Family and Medical Leave Credit by quadrupling the maximum Employer-Provided Childcare Credit and adding additional relief for small businesses providing childcare.
• Expands 529 education savings accounts to empower American families and students to choose the education that best fits their needs, whether it is K-12 materials or obtaining a postsecondary trades credential.
• Eliminates most taxes on tips, overtime pay, and car loan interest. 

To support farmers and ranchers: 

• Makes permanent and increases the Death Tax exemption, helping ensure 3,244 local family farms and ranches can be passed down to the next generation.
• Includes a $1 billion investment into water storage and conveyance, allowing for drought-stricken states like California to make significant infrastructure improvements to our canals and reservoirs ensuring that more water is efficiently delivered to the farmers and communities that grow our nation’s food supply.
• Injects $285 million into the Supplemental Agricultural Trade Promotion Program every year from 2027 onward.
• For every one dollar invested into programs like MAP, estimates project that this will create over $20 in export revenue for American farmers.
• Includes long-term funding for programs like the Specialty Crop Block Grants, which is extremely important for supporting California’s agricultural industry as our state produces over 75% of our nation’s fruit and nuts.  

To support energy producers:

• Inserts a provision creating a new $1 billion Energy Dominance Financing loan guarantee program at Department of Energy (DOE), which can be used for energy and critical minerals infrastructure.
• Bolsters onshore oil and gas production across the nation, and particularly in California’s 20^th District, through streamlining the federal permitting process and shortening permitting review timelines.
• Lowers royalty rates on oil and gas production and reinstates non-competitive leasing to fulfill our nation’s goal of unleashing American energy dominance.

To support job creators and small businesses:

• Makes permanent the 199A small business deduction to 20%, protecting nearly 42,000 local small businesses.
• Makes permanent and increases the Death Tax exemption for 41,690 local small businesses so they can be passed down to the next generation.
• Increases the 179 Small Business Expensing to $2.5 million, allowing small businesses to invest in their employees and grow.
• Makes permanent the successful Opportunity Zone program by spurring an additional $100 billion of investment over the next decade, makes important enhancements for Zones in rural distressed communities.
• Renews 100% immediate expensing, incentive for research & development in the U.S., and deduction for interest expenses, and supporting the expansion of new production factories and growing manufacturing operations in America by allowing for expensing improvements to existing factories, and other production facilities.

To strengthen community safety and national defense:

• Provides over $175 billion – the largest border security investment in history – to secure our borders and keep Americans safe.
• Makes a generational investment of $150 billion to modernize our military and strengthen national defense.
• Invests $12.52 billion to modernize national air traffic control systems and to ensure robust air traffic controller staffing and training.

To strengthen the viability of healthcare services: 

• Creates the “Rural Transformation Program,” establishing a $50 billion funding stream for state investments in rural health, including critical access and rural hospitals.
• Restores integrity to Medicaid, SNAP, and other essential safety net programs by rooting out waste and strengthening them for those they are intended to serve – including seniors, children, mothers, and the disabled.
• The bill makes no changes to Social Security, Medicare, or veterans’ benefits.  
• This bill takes action to ensure federal tax dollars are not used to provide Medicaid benefits for illegal immigrants and implements sensible work requirements for able-bodied adults.