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Greg Landsman
Democrat·Ohio

Landsman, Kean Introduce Bipartisan Bill to Deliver Financial Relief to Renters

<p><strong><em>Cincinnati, OH –</em></strong><em> Today, Congressman Greg Landsman (D-OH-01) and Congressman Tom Kean, Jr. (R-NJ-07) introduced commonsense bipartisan legislation to provide financial relief to millions of American renters.</em></p>

<p>Reps. Landsman and Kean introduced the&nbsp;<em><u><a href="https://d12t4t5x3vyizu.cloudfront.net/landsman.house.gov/uploads/2026/03/Landsman-Tax-Relief-for-Renters-bill-text.pdf">Tax&nbsp;Relief&nbsp;for&nbsp;Renters&nbsp;Act</a></u></em><a href="https://d12t4t5x3vyizu.cloudfront.net/landsman.house.gov/uploads/2026/03/Landsman-Tax-Relief-for-Renters-bill-text.pdf">&nbsp;</a>– legislation that would put more money back into the pockets of Americans by allowing&nbsp;renters&nbsp;to claim a deduction of one month’s rent on their personal&nbsp;taxes each year.</p>

<p>More than 22 million renter households are spending over 30 percent of their income on housing costs. To help alleviate this financial burden, the&nbsp;<em>Tax&nbsp;Relief&nbsp;for&nbsp;Renters&nbsp;Act&nbsp;</em>would allow&nbsp;renters&nbsp;to claim a personal income&nbsp;tax&nbsp;deduction of up to $4,000 annually&nbsp;for&nbsp;rent expenses paid&nbsp;for&nbsp;their primary residence. To be eligible,&nbsp;taxpayers’ income can be no more than $125,000&nbsp;for&nbsp;married couples filing jointly, $80,000&nbsp;for&nbsp;heads of households, and $75,000&nbsp;for&nbsp;individuals.</p>

<p><strong>Congressman Landsman:</strong></p>

<p>“Renters&nbsp;need&nbsp;relief, and right now, folks cannot keep up as rent is rising faster than wages in Southwest Ohio and across the country.&nbsp;Our bill will help ease the burden on families to afford their everyday expenses or save&nbsp;for&nbsp;a home.”</p>

<p><strong>Congressman Tom Kean, Jr.:</strong></p>

<p>“Housing, a basic necessity, is way too expensive. New Jersey families who rent are facing costs that continue to outpace paychecks, stretching household budgets thin. I&#8217;m glad to lead the bipartisan effort to give hardworking families more financial breathing room by allowing them to deduct a month of rent from their tax bill.”&nbsp;</p>

<p>The full text of the&nbsp;<em>Tax&nbsp;Relief&nbsp;for&nbsp;Renters&nbsp;Act</em>&nbsp;can be&nbsp;found&nbsp;<a href="https://d12t4t5x3vyizu.cloudfront.net/landsman.house.gov/uploads/2026/03/Landsman-Tax-Relief-for-Renters-bill-text.pdf">here</a>.</p>

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<p>The post <a href="https://landsman.house.gov/posts/landsman-kean-introduce-bipartisan-bill-to-deliver-financial-relief-to-renters">Landsman, Kean Introduce Bipartisan Bill to Deliver Financial Relief to Renters</a> appeared first on <a href="https://landsman.house.gov">Greg Landsman</a>.</p>

Source: https://landsman.house.gov/posts/landsman-kean-introduce-bipartisan-bill-to-deliver-financial-relief-to-renters
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Record ID: dc75ab13-5d20-40d1-8147-f19edc0b3be4

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