Rental Housing Investment Act

Hozzl · 2026-06-10T08:08:02Z

Explore the details of House Bill 8996 Rental Housing Investment Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/10/2026, 8:08 AM

Summary of Bill HR 8996

This bill, designated as H.R. 8996 in the 119th Congress and introduced on May 21, 2026, aims to amend the Internal Revenue Code of 1986 by proposing bonus depreciation for long-term residential rental housing.

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Current Status of Bill HR 8996

Bill HR 8996 is currently in the status of Bill Introduced since May 21, 2026. Bill HR 8996 was introduced during Congress 119 and was introduced to the House on May 21, 2026. Bill HR 8996's most recent activity was Referred to the House Committee on Ways and Means. as of May 21, 2026

Bipartisan Support of Bill HR 8996

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 8996

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8996

To amend the Internal Revenue Code of 1986 to provide bonus depreciation for long-term residential rental housing.

Comments

Collins Lawrence

1,292

3 months ago

I think this new bill is great for helping to improve rental housing options in our country. It will provide much-needed funding for affordable housing projects, which is something that is desperately needed in many communities. I'm excited to see how this will positively impact the housing market and help more people find safe and affordable places to live. Who do you think will benefit the most from this bill?