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House Bill 734
115th Congress(2017-2018)
To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for landlords of veterans receiving rental assistance under the Veterans Affairs Supported Housing program.
Introduced
Introduced
Introduced in House on Jan 30, 2017
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Introduced in House 
Jan 30, 2017
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Introduced in House(Jan 30, 2017)
Jan 30, 2017
Not Scanned for Linkage
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Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 734 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 734


To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for landlords of veterans receiving rental assistance under the Veterans Affairs Supported Housing program.

IN THE HOUSE OF REPRESENTATIVES

January 30, 2017

Ms. Brownley of California introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for landlords of veterans receiving rental assistance under the Veterans Affairs Supported Housing program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Refundable credit for landlords of veterans receiving rental assistance under the Veterans Affairs Supported Housing program.

(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:

“SEC. 36C. Landlords of veterans receiving rental assistance under the Veterans Affairs Supported Housing program.

“In the case of a person who is an owner of a dwelling unit that is occupied by a veteran on whose behalf rental assistance is provided under section 8(o)(19) of the United States Housing Act of 1937, there shall be allowed as a credit against the tax imposed by this subtitle for the taxable year an amount equal to 10 percent of the amount of such rental assistance received by such person for such taxable year.”.

(b) Conforming amendments.—

(1) Section 6211(b)(4)(A) of such Code is amended by inserting “36C,” after “36B,”.

(2) Section 1324(b)(2) of title 31, United States Code, is amended by inserting “36C,” after “36B,”.

(3) The table of sections for subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 36B the following new item:


“Sec. 36C. Landlords accepting rental assistance under the Veterans Affairs Supported Housing program.”.

(c) Effective date.—The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act.