This bill amends the Internal Revenue Code to establish a new nonrefundable tax credit for certain organized sport equipment expenses. Taxpayers would be able to claim a credit equal to the qualified expenses paid or incurred during the taxable year, with a maximum credit amount of $200 . The credit applies to expenses for equipment used by a dependent under age 19 who is participating in an organized sport, game, or hobby program conducted primarily for unrelated individuals. An income limitation is included, which reduces the credit for taxpayers whose modified adjusted gross income exceeds $150,000, phasing out completely at $215,000. These amendments are scheduled to take effect for taxable years beginning after December 31, 2023.