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S. 2554

Referred to Committee

Renters Tax Credit Act of 2021

Introduced 7/29/2021•117th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

7/29/2021 • Senate

Summary

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.

Introduced in Senate • 7/29/2021

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Topics & Subjects

Policy Area: Taxation

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

2
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Brown, Sherrod [D-OH]

Democrat • OH

Sponsored 7/29/2021

Cosponsors (1)

S[
Sen. Wyden, Ron [D-OR]

D-OR

Joined 7/29/2021

Bill Journey

Originated in the Senate

Introduced

July 29, 2021

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate7/29/2021

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1