HB5176: Affordable and Homeless Housing Incentives Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
To amend the Internal Revenue Code of 1986 to allow for nonrecognition of gain on real property sold for use as affordable housing.
Plain-language summary
This bill would change federal tax law to let property owners avoid paying capital gains taxes when they sell land or buildings for affordable housing projects. Capital gains taxes are taxes owed when someone sells an asset for more than they paid for it. The bill applies to real property, meaning land and buildings. It was introduced in the House and is currently awaiting review. Sponsors include Representatives Adam Schiff and Scott Peters.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
HB5176: Affordable and Homeless Housing Incentives Act of 2023