Congressman Tom Suozzi introduced the bipartisan Supporting Newborn Parents Act of 2026, creating a tax credit for new parents.
Quiver AI Summary
Congressman Suozzi introduces bipartisan legislation: Congressman Tom Suozzi (D-NY) unveiled the Supporting Newborn Parents Act of 2026, co-sponsored by Reps. David Valadao, Debbie Dingell, and Blake Moore. The bill proposes a newborn tax credit to provide financial relief to parents facing immediate costs of welcoming a child.
Support from Representatives: Suozzi highlighted the financial stresses new parents face, emphasizing the importance of this tax credit. Valadao noted that it aims to provide up to $2,000 per newborn to ease expenses early in a child's life. Dingell and Moore echoed similar sentiments about the need for financial support.
Endorsements and potential impact: The bill has garnered support from several organizations, including Save the Children and Bread for the World. Advocates argue that it helps families cope with expenses from childbirth and childcare, ultimately fostering a more supportive environment for new families.
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Thomas R. Suozzi Fundraising
Thomas R. Suozzi recently disclosed $798.6K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 102nd most from all Q1 reports we have seen this year. 76.6% came from individual donors.
Suozzi disclosed $274.0K of spending. This was the 363rd most from all Q1 reports we have seen from politicians so far this year.
Suozzi disclosed $5.1M of cash on hand at the end of the filing period. This was the 60th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Thomas R. Suozzi's fundraising on Quiver Quantitative.
Thomas R. Suozzi Net Worth
Quiver Quantitative estimates that Thomas R. Suozzi is worth $15.1M, as of May 14th, 2026. This is the 91st highest net worth in Congress, per our live estimates.
Suozzi has approximately $11.9M invested in publicly traded assets which Quiver is able to track live.
You can track Thomas R. Suozzi's net worth on Quiver Quantitative's politician page for Suozzi.
Thomas R. Suozzi Bill Proposals
Here are some bills which have recently been proposed by Thomas R. Suozzi:
- H.R.8638: Washington Spy Ring National Historic Trail Designation Act
- H.R.8280: SEPTIC Act
- H.R.8279: To expand the definition of institution of higher education in the Higher Education Act of 1965 with respect to certain graduate medical schools located outside of the United States.
- H.R.8239: SACRED Act
- H.R.8208: Taxpayer Advocate Continuity Act
- H.R.6232: HOPE Act
You can track bills proposed by Thomas R. Suozzi on Quiver Quantitative's politician page for Suozzi.
2026 New York's 3rd Congressional District Election
There has been approximately $12,135,642 of spending in New York's 3rd congressional district elections over the last two years, per our estimates.
Approximately $3,039,360 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- FAIRSHAKE ($1,804,352)
- COMMON SENSE NEW YORK ($613,641)
- NATIONAL ASSOCIATION OF REALTORS POLITICAL ACTION COMMITTEE ($225,548)
- NY COMMON GROUND ($209,580)
- CONGRESSIONAL LEADERSHIP FUND ($109,695)
The rating for this race is currently "Lean D".
You can track this election on our matchup page for the 2026 New York's 3rd congressional district election.
