U.S. Congress legislation · 119th Congress
HB10613: Housing COST Act
Status: In committee, September 24, 2026
To amend the Internal Revenue Code of 1986 to allow for a credit against tax for rent paid on the personal residence of the taxpayer.
What the bill says
To amend the Internal Revenue Code of 1986 to allow for a credit against tax for rent paid on the personal residence of the taxpayer.
From the introduced text, September 24, 2026:
A BILL To amend the Internal Revenue Code of 1986 to allow for a credit against tax for rent paid on the personal residence of the taxpayer. SECTION 1. Short title This Act may be cited as the Housing Cost of Living Support for Tenants Act of 2026 or the Housing COST Act . SECTION 2. Refundable credit for rent paid for principal residence (a) In general Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section: SECTION 36C. Renter tax credit (a) In general In the case of an individual who leases the individual's principal residence (within the meaning of section 121) during the taxable year, there shall be allowed as a credit against the tax imposed by this subtitle for such taxable year an amount equal to the applicable percentage of the rent paid by such individual with respect to the lease of such residence. (b) Limitations (1) Dollar limit The credit allowed under subsection (a) for any taxable year shall not exceed $4,000. (2) Credit limited by small area fair market rent Solely for purposes of determining the amount of the credit allowed under subsection (a) with respect to a residence for the taxable year, there shall not …
Sponsors
- Derek Tran (D) · primary sponsor
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB10613?
- HB10613 is a bill in Congress (119th Congress): Housing COST Act.
- What does HB10613 do?
- In its own words: To amend the Internal Revenue Code of 1986 to allow for a credit against tax for rent paid on the personal residence of the taxpayer.
- What is the status of HB10613?
- In committee as of September 24, 2026. Latest action: Referred to the House Committee on Ways and Means. (September 24, 2026).
- Who sponsored HB10613?
- Derek Tran (D).
- Where is the official record for HB10613?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10613
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.