- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedApril 10th, 2019
- senate Committees
Many low-income and even middle-class households are struggling to make rent payments. Giving these families a refundable tax credit to help balance their budgets would go a long way towards stabilizing their circumstances.
As demonstrated elsewhere, government subsidies tend to simply drive up the cost of the good they subsidize. Thus, rather than helping low-income families, this bill will only further enrich landlords by allowing them to jack rents up even further.