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Rent Relief Act: Tax Credit for Principal Residence Rent Payments

This new law introduces a tax credit for rent paid on a taxpayer's principal residence. Citizens spending more than 30% of their gross income on rent may be eligible for a refund, potentially easing their financial burden. The act also allows for monthly advance payments of this credit.
Key points
Tax credit available for rent paid on a principal residence if it exceeds 30% of gross income.
The credit amount varies with income – lower income means a higher percentage of the excess rent is credited.
Higher income thresholds for eligibility in high-cost areas.
Option to receive monthly advance payments of the credit, improving cash flow.
The law applies to tax years beginning after December 31, 2025.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_968
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2025-03-11
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Rent Relief Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_968.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-11.

What are the main provisions?

Key points include:

  • Tax credit available for rent paid on a principal residence if it exceeds 30% of gross income.
  • The credit amount varies with income – lower income means a higher percentage of the excess rent is credited.
  • Higher income thresholds for eligibility in high-cost areas.
  • Option to receive monthly advance payments of the credit, improving cash flow.
  • The law applies to tax years beginning after December 31, 2025.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Warnock, Raphael G. [D-GA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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