H.R. 5776 — Introduced in House

I 113th CONGRESS 2d Session H. R. 5776 IN THE HOUSE OF REPRESENTATIVES December 1, 2014 Mr. Perlmutter (for himself and Mr. Stivers) introduced the following bill; which was referred to the Committee on Financial Services A BILL To allow reviews of certain families’ incomes every 3 years for purposes of determining eligibility for certain Federal assisted housing programs. 1. Short title This Act may be cited as the Tenant Income Verification Relief Act of 2014. 2. Reviews of family incomes (a) In general The second sentence of paragraph (1) of section 3(a) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)(1)) is amended by inserting before the period at the end the following: ; except that, in the case of any family with a fixed income, as defined by the Secretary, after the initial review of the family’s income, the public housing agency or owner shall not be required to conduct a review of the family’s income for any year for which such family certifies, in accordance with such requirements as the Secretary shall establish, which shall include policies to adjust for inflation-based income changes, that 90 percent or more of the income of the family consists of fixed income, and that the sources of such income have not changed since the previous year, except that the public housing agency or owner shall conduct a review of each such family’s income not less than once every 3 years. (b) Housing choice voucher program Subparagraph (A) of section 8(o)(5) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)(5)(A)) is amended by striking not less than annually and inserting as required by section 3(a)(1) of this Act.