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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2021-07-29 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
| 2021-07-29 | IntroReferral | Introduced in Senate | Library of Congress |