Rent Relief Act of 2022

Summary

Rent Relief Act of 2022 This bill allows a refundable income tax credit for individuals who pay rent for a principal residence that exceeds 30% of their adjusted gross income for the taxable year. The amount of the credit ranges from 25% to 100% of the excess rent, depending on the adjusted gross income of the taxpayer. The credit is not available for taxpayers with adjusted gross incomes that exceed $100,000. Rent that exceeds 100% of the small area fair market rent (including the utility allowance) for the residence may not be taken into account in determining the amount of the credit. The Department of the Treasury must establish a program for making advance payments of the credit on a monthly basis.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 13 July 2022

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 13 July 2022

   Introduced

   Sponsor introductory remarks on measure. (CR E727)

   Source: IntroReferral

3. 13 July 2022

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 July 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 13 July 2022 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 July 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 July 2022

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 13 July 2022

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Davis, Danny K. [D-IL-7] · D · Sponsor
• Rep. Gomez, Jimmy [D-CA-34] · D · Sponsor
• Rep. Peters, Scott H. [D-CA-50] · D · Sponsor
• Rep. Panetta, Jimmy [D-CA-19] · D · Sponsor
• Rep. Jacobs, Sara [D-CA-51] · D · Cosponsor
• Rep. Porter, Katie [D-CA-47] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Rent Relief Act of 2022