Rental Housing Investment Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Mar 12, 2026
What it does
The Rental Housing Investment Act would amend the Internal Revenue Code to provide bonus depreciation for long-term residential rental housing, allowing taxpayers to deduct up to $150,000 per dwelling unit (or $250,000 for affordable housing projects) in the year the property is placed in service, subject to certain conditions. The bill applies to residential rental property with at least two dwelling units placed in service after enactment, where the taxpayer is the original user and elects to claim the benefit, with recapture rules if the property ceases to be used as rental housing within 10 years (or 15 years for affordable housing). The amendments would take effect for property placed…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.