H.R. 5529

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5529 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 5529

To amend the Internal Revenue Code of 1986 to disregard veteran 
disability compensation or pension payments in determining income for 
purposes of the low income housing tax credit and qualified residential 
rental project bonds.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

September 19, 2025

Ms. Sanchez (for herself, Mr. Kelly of Pennsylvania, Mr. Gomez, and Mr. 
Moore of Utah) introduced the following bill; which was referred to the 
Committee on Ways and Means

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to disregard veteran 
disability compensation or pension payments in determining income for 
purposes of the low income housing tax credit and qualified residential 
rental project bonds.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Fair Housing for Disabeled Veterans 
Act''.

SEC. 2. TREATMENT OF VETERAN DISABILITY COMPENSATION OR PENSION 
PAYMENTS FOR PURPOSES OF LOW INCOME HOUSING TAX CREDIT 
AND RESIDENTIAL RENTAL PROJECT BONDS.

(a) In General.--Section 142(d)(2)(B) of the Internal Revenue Code 
of 1986 is amended by adding at the end the following new clause:
``(v) Veteran disability compensation or 
pension.--For purposes of determining income 
under this subparagraph, payments of disability 
compensation or pension under chapter 11 or 15 
of title 38, United States Code, shall be 
disregarded.''.
(b) Effective Date.--The amendments made by this section shall 
apply to determinations made after the date of the enactment of this 
Act.
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