Bill117th CongressFiled Jul 29, 2021Taxation
S. 2554
Renters Tax Credit Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 29, 2021)
Renters Tax Credit Act of 2021
This bill allows owners of rental buildings who provide reductions in rent to their low-income tenants a refundable tax credit for a specified percentage of the difference between market rent and 30% of the monthly family income of such tenants. The bill allocates credit amounts to states for distribution to participating taxpayers.
What just happenedJul 29, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Brown, Sherrod [D-OH](D-OH)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills
- Introduced in SenateJul 29, 2021
- Jul 29, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 29, 2021IntroReferral10000
Introduced in Senate