,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #ajfac  ,,in ,,the ,,house ,,of 
,,representatives  ,september #bd1      
#bjbf,mr4 ,tran introduced the following
 bill2 which was referred to the        
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow for a credit   
against tax for rent paid on the        
personal residence of the taxpayer4  #a4
 ,short title  ,this ,act may be cited  
as the ,housing ,cost of ,living        
,support for ,tenants ,act of #bjbf or  
the ,housing ,,cost ,act4  #b4          
,refundable credit for rent paid for    
principal residence  7a7 ,in general    
,subpart ,c of part ,,iv of subchapter  
,a of chapter #a of the ,internal       
,revenue ,code of #aihf is amended by   
inserting after section #cf;,b the      
following new section3  #cf;,c4 ,renter 
tax credit  7a7 ,in general ,in the case
 of an individual who leases the        
individual's principal residence 7within
 the meaning of section #aba7 during the

 taxable year1 there shall be allowed as
 a credit against the tax imposed by    
this subtitle for such taxable year an  
amount equal to the applicable          
percentage of the rent paid by such     
individual with respect to the lease of 
such residence4  7b7 ,limitations  7#a7 
,dollar limit ,the credit allowed under 
subsection 7a7 for any taxable year     
shall not exceed #d1jjj4  7#b7 ,credit  
limited by small area fair market rent  
,solely for purposes of determining the 
amount of the credit allowed under      
subsection 7a7 with respect to a        
residence for the taxable year1 there   
shall not be taken into account rent in 
excess of an amount equal to #ajj       
percent of the small area fair market   
rent applicable to the residence        
involved 7as most recently published1 as
 of the beginning of the taxable year1  
by the ,department of ,housing and      
,urban ,development74  7#c7 ,adjusted   
gross income limitation ,no credit shall
 be allowed under this section with     

respect to a taxpayer for a taxable year
 if the taxpayer's adjusted gross income
 exceeds #aej1jjj for the preceding     
taxable year4  7c7 ,definitions and     
special rules ,for purposes of this     
section--  7#a7 ,applicable percentage  
,the term applicable percentage means   
the percentage determined in accordance 
with the following table3 ,the          
applicable ,if the taxpayer has the     
following number of                     
dependents3percentage is3 #a            
dependent#h4e percent #b dependents#i   
percent #c dependents#i4e percent #d    
dependents#aj percent #e dependents#aj4e
 percent #f or more dependents#aa       
percent  7#b7 ,partial year residence   
,the ,secretary shall prescribe such    
rules as are necessary to carry out the 
purposes of this section for taxpayers  
with respect to whom a residence is a   
principal residence for only a portion  
of the taxable year4  7#c7 ,rent ,the   
term rent includes any amount paid for  
utilities of a type taken into account  

for purposes of determining the utility 
allowance under section                 
#db7;g77#b77;,b77ii74  7#d7 ,married    
individuals filing separate returns ,in 
the case of individuals who are married 
to each other1 have the same principal  
residence1 and do not file a joint      
return for the taxable year1 the credit 
determined under this section with      
respect to each such individual shall be
 #ej percent of the amount of the credit
 which would be determined under this   
section if such individuals filed a     
joint return1 unless such individuals   
agree on a different division of such   
credit 7in such manner as the ,secretary
 may provide7 which does not aggregate  
to more #ajj percent of such amount4    
7#e7 ,dependents ,an individual who is a
 dependent 7as defined in section #aeb7 
of the taxpayer for the taxable year    
shall be treated as a dependent for     
purposes of this section4  7d7          
,reconciliation of credit and advance   
payments  7#a7 ,in general ,the amount  

of the credit allowed under this section
 for any taxable year shall be reduced  
7but not below zero7 by the aggregate   
amount of any advance payments of such  
credit under section #gebg;,b for such  
taxable year4  7#b7 ,excess advance     
payments ,if the aggregate amount of    
advance payments under section #gebg;,b 
for the taxable year exceeds the amount 
of the credit allowed under this section
 for such taxable year1 determined      
without regard to paragraph 7#a71 the   
tax imposed by this chapter for such    
taxable year shall be increased by the  
amount of such excess4  7e7 ,termination
 ,no credit shall be allowed under      
subsection 7a7 for taxable years        
beginning after ,december #ca1 #bjcd4  4
  7b7 ,advance payment ,chapter #gg of  
the ,internal ,revenue ,code of #aihf is
 amended by inserting after section     
#gebg;,a the following new section3     
#gebg;,b4 ,advance payment of renter tax
 credit  7a7 ,in general ,not later than
 #f months after the date of the        

enactment of the ,housing ,cost of      
,living ,support for ,tenants ,act of   
#bjbf1 the ,secretary shall establish a 
program for making advance payments of  
the credit allowed under section #cf;,c 
on a monthly basis to any taxpayer who--
  7#a7 the ,secretary has determined    
will be allowed such credit for the     
taxable year1 and  7#b7 has made an     
election under subsection 7c74  7b7     
,amount of advance payment  7#a7 ,in    
general ,for purposes of subsection 7a71
 the amount of the monthly advance      
payment of the credit provided to a     
taxpayer during the applicable period   
shall be equal to the lesser of-- 7,a7  
an amount equal to--  7i7 the amount of 
the credit which the ,secretary has     
determined will be allowed to such      
taxpayer under section #cf;,c for the   
taxable year ending in such applicable  
period1 divided by  7ii7 #ab1 or  7,b7  
such other amount as is elected by the  
taxpayer4  7#b7 ,applicable period ,for 
purposes of this section1 the term      

applicable period means the #ab-month   
period from the month of ,july of the   
taxable year through the month of ,june 
of the subsequent taxable year4  7c7    
,election of advance payment ,a taxpayer
 may elect to receive an advance payment
 of the credit allowed under section    
#cf;,c for any taxable year by including
 such election on a timely filed return 
for the preceding taxable year4  7d7    
,internal ,revenue ,service notification
 ,the ,internal ,revenue ,service shall 
take such steps as may be appropriate to
 ensure that taxpayers who are eligible 
to receive the credit under section     
#cf;,c are aware of the availability of 
the advance payment of such credit under
 this section4  7e7 ,regulations ,the   
,secretary may prescribe such           
regulations or other guidance as may be 
necessary or appropriate to carry out   
the purposes this section4  4  7c7      
,conforming amendments  7#a7 ,section   
#fbaa7;b77#d7 of such ,code is amended--
  7,a7 by inserting #cf;,c1 after       

#cf;,b11 and  7,b7 by inserting         
#gebg;,b71 after #gebg;,a14  7#b7       
,section #acbd7;b77#b7 of title #ca1    
,united ,states ,code1 is amended-- 7,a7
 by inserting #cf;,c1 after #cf;,b11 and
  7,b7 by striking or #gebg;,a and      
inserting #gebg;,a1 or #gebg;,b4  7#c7  
,the table of sections for subpart ,c of
 part ,,iv of subchapter ,a of chapter  
#a of the ,internal ,revenue ,code of   
#aihf is amended by inserting after the 
item relating to section #cf;,b the     
following new item3  ,sec4 #cf;,c4      
,renter tax credit4  4  7#d7 ,the table 
of sections for chapter #gg of such     
,code is amended by inserting after the 
item relating to section #gebg;,a the   
following new item3  ,sec4 #gebg;,b4    
,advance payment of renter tax credit4  
4  7d7 ,effective date ,the amendments  
made by this section shall apply with   
respect to taxable years beginning after
 ,december #ca1 #bjbf4  7e7 ,community  
outreach ,the ,secretary of the         
,treasury 7or the ,secretary's designee7

 shall carry out an outreach program to 
ensure taxpayers are aware of           
eligibility for the renter tax credit   
allowed under section #cf;,c of the     
,internal ,revenue ,code of #aihf       
7including the advance payment of such  
credit under section #gebg;,b of such   
,code74 ,such program shall include     
program outreach1 data sharing          
arrangements1 systems changes1 forms    
changes1 and related efforts1 and       
efforts by ,federal agencies to         
facilitate the cross-enrollment of      
beneficiaries of other programs in such 
credit1 including by establishing       
intergovernmental cooperative agreements
 with ,states and local governments1    
tribal governments1 and possessions of  
the ,united ,states4 ,such outreach may 
be achieved through ,federal agencies to
 ,state and local governments1 tribal   
governments1 and possessions of the     
,united ,states1 and private entities1  
including organizations dedicated to    
free tax return preparation4