5
2
2
Low-Income Housing Tax Credit Elimination Act
6/6/2025, 8:51 PM
Summary of Bill HR 3540
The bill H.R. 3540 of the 119th Congress aims to amend the Internal Revenue Code of 1986 by proposing the sunset of the low-income housing tax credit along with other purposes. The bill was introduced on May 21, 2025.
Read the Full Bill
Current Status of Bill HR 3540
Bill HR 3540 is currently in the status of Bill Introduced since May 21, 2025. Bill HR 3540 was introduced during Congress 119 and was introduced to the House on May 21, 2025. Bill HR 3540's most recent activity was Referred to the House Committee on Ways and Means. as of May 21, 2025
Bipartisan Support of Bill HR 3540
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3540
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 3540
Low-Income Housing Tax Credit Elimination Act
Low-Income Housing Tax Credit Elimination Act
To amend the Internal Revenue Code of 1986 to sunset the low-income housing tax credit, and for other purposes.
Comments
Noah Patrick
724
11 months ago
I can't believe they want to get rid of the low-income housing tax credit! This is going to hurt so many families who rely on this support to afford a safe place to live. How will this bill impact those who need affordable housing the most?
Sponsors and Cosponsors of HR 3540
Latest Bills
Survivor Justice Tax Prevention Act
Bill HR 2347April 24, 2026
Farm, Food, and National Security Act of 2026
Bill HR 7567April 24, 2026
No Funds for Repeat Child Care Violations Act of 2026
Bill HR 7726April 23, 2026
Child Care Integrity Monitoring Act of 2026
Bill HR 7722April 23, 2026
Closing the Provider Fraud Gap Act
Bill HR 7677April 23, 2026
No Waivers for Fraud Act of 2026
Bill HR 7724April 23, 2026
Child Care Payment Integrity and Fraud Accountability Act of 2026
Bill HR 7720April 23, 2026
Stop Child Care Fraud Act of 2026
Bill HR 7725April 23, 2026
CRACKDOWN Act of 2026
Bill HR 7721April 23, 2026
Combatting Money Laundering in Cyber Crime Act of 2025
Bill HR 5877April 23, 2026