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- S.2554
S.2554: Renters Tax Credit Act of 2021
About This Bill
- Introduced July 29, 2021
- Latest Major Action July 29, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - July 29, 2021
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 29, 2021 |
Read twice and referred to the Committee on Finance.
|
| July 29, 2021 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |