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To amend the Internal Revenue Code of 1986 to provide bonus depreciation for long-term residential rental housing.
5/22/2026, 8:07 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.
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
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
1Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8996
Primary Policy Focus
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.
To amend the Internal Revenue Code of 1986 to provide bonus depreciation for long-term residential rental housing.
Comments
Elianna Grimes
935
23 hours ago
I don't like this bill at all, it's gonna mess up everything for me and my family. Why they gotta do this to us?
Sponsors and Cosponsors of HR 8996
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