I 

118TH CONGRESS 

2D SESSION H. R. 10277 

To amend the Internal Revenue Code of 1986 to establish a deduction 

for certain amounts paid for rent for a primary residence. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 3, 2024 

Mr. LANDSMAN 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 establish 

a deduction for certain amounts paid for rent for a 

primary residence. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Tax Relief for Renters 

5 Act of 2024’’. 

6 SEC. 2. DEDUCTION FOR RENT PAYMENTS. 

7 (a) IN GENERAL.— 

8 (1) DEDUCTION ALLOWED.—Part VII of sub9 chapter B of chapter 1 of the Internal Revenue Code 

10 of 1986 is amended by redesignating section 224 as 


ssavage on LAPJG3WLY3PROD with BILLS
2 

•HR 10277 IH

1 section 225 and by inserting after section 223 the 

2 following new section: 

3 ‘‘SEC. 224. RENT PAYMENTS. 

4 ‘‘(a) IN GENERAL.—There shall be allowed as a deduction an amount equal to 1 5 ⁄12 the qualified rent expenses 

6 of the taxpayer for the taxable year. 

7 ‘‘(b) QUALIFIED RENT PAYMENTS.—For purposes of 

8 this section, the term ‘qualified rent payments’ means, 

9 with respect to a taxable year, amounts paid or incurred 

10 to lease the primary residence of the taxpayer during the 

11 taxable year. 

12 ‘‘(c) LIMITATIONS.— 

13 ‘‘(1) IN GENERAL.—The deduction allowed 

14 under subsection (a) shall not exceed $4,000 for any 

15 individual in any taxable year. 

16 ‘‘(2) INCOME LIMITATION.— 

17 ‘‘(A) IN GENERAL.—No deduction shall be 

18 allowed under subsection (a) in the case of an 

19 individual whose adjusted gross income for the 

20 taxable year exceeds the threshold amount. 

21 ‘‘(B) THRESHOLD AMOUNT.—For purposes 

22 of this paragraph, the term ‘threshold amount’ 

23 means— 

24 ‘‘(i) in the case of a joint return or a 

25 surviving spouse, $150,000, 


ssavage on LAPJG3WLY3PROD with BILLS
3 

•HR 10277 IH

1 ‘‘(ii) in the case of a head of house2 hold, $125,000, or 

3 ‘‘(iii) in the case of any other indi4 vidual, $100,000.’’. 

5 (2) CONFORMING AMENDMENT.—The table of 

6 sections for part VII of subchapter B of chapter 1 

7 of such Code is amended by redesignating the item 

8 relating to section 224 as relating to section 225 

9 and by inserting after the item relating to section 

10 223 the following new item: 

‘‘Sec. 224. Rent payments.’’. 

11 (b) DEDUCTION ALLOWED TO NON-ITEMIZERS.— 

12 Section 63(b) of the Internal Revenue Code of 1986 is 

13 amended by striking ‘‘and’’ at the end of paragraph (3), 

14 by striking the period at the end of paragraph (4) and 

15 inserting ‘‘and’’, and by adding at the end the following 

16 new paragraph: 

17 ‘‘(5) the deduction provided in section 224.’’. 

18 (c) NON-APPLICATION OF CERTAIN LIMITATIONS

19 FOR ITEMIZERS.— 

20 (1) DEDUCTION NOT TREATED AS A MISCELLA21 NEOUS ITEMIZED DEDUCTION.—Section 67(b) of the 

22 Internal Revenue Code of 1986 is amended by strik23 ing ‘‘and’’ at the end of paragraph (11), by striking 

24 the period at the end of paragraph (12) and insertVerDate Sep 11 2014 01:38 Dec 10, 2024 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H10277.IH H10277

ssavage on LAPJG3WLY3PROD with BILLS
4 

•HR 10277 IH

1 ing ‘‘, and’’, and by adding at the end the following 

2 new paragraph: 

3 ‘‘(13) the deduction under section 224 (relating 

4 to rent payments).’’. 

5 (2) DEDUCTION NOT TAKEN INTO ACCOUNT

6 UNDER OVERALL LIMITATION.—Section 68(c) of the 

7 Internal Revenue Code of 1986 is amended by strik8 ing ‘‘and’’ at the end of paragraph (2), by striking 

9 the period at the end of paragraph (3) and inserting 

10 ‘‘, and’’, and by adding at the end the following new 

11 paragraph: 

12 ‘‘(4) the deduction under section 224 (relating 

13 to rent payments).’’. 

14 (d) EFFECTIVE DATE.—The amendments made by 

15 this section shall apply to taxable years beginning after 

16 December 31, 2024. 

Æ 


ssavage on LAPJG3WLY3PROD with BILLS