Fair Housing for Disabeled Veterans Act

[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.


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                    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

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                                 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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