HR 3540
Low-Income Housing Tax Credit Elimination Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:35 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Low-Income Housing Tax Credit Elimination Act, proposes to eliminate the Low-Income Housing Tax Credit (LIHTC), a federal tax incentive used to encourage the development of affordable housing. The bill would prevent any new LIHTC credits from being awarded for buildings placed in service after the bill’s enactment. This would significantly reduce the availability of funding for affordable housing projects.
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