# 119-hr-3540: Low-Income Housing Tax Credit Elimination Act

119-hr-3540, Low-Income Housing Tax Credit Elimination Act, is a 119th Congress bill sponsored by Rep. Grothman, Glenn [R-WI-6] (R-WI); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3540
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3540
- Congress: 119
- Title: Low-Income Housing Tax Credit Elimination Act
- Status: introduced
- Introduced: 2025-05-21
- Sponsor: Rep. Grothman, Glenn [R-WI-6] (R-WI)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Sunsets the Low-Income Housing Tax Credit (LIHTC).** This bill would eliminate the LIHTC for any building placed in service in a taxable year beginning after the date this provision becomes law, so projects that start service after enactment could not claim the credit. LIHTC determinations would still be possible for buildings placed in service before enactment. The bill includes no phase-in, transitional credits, or replacement funding mechanisms.

## Cosponsors (1)

- Rep. Gosar, Paul A. [R-AZ-9] (R-AZ), 2025-05-21T00:00:00.000Z

## Provisions PRIA read

- No new low-income housing tax credits: cost, high. This bill would end new Low-Income Housing Tax Credits. Developers and investors could not claim the credit for buildings placed in service in taxable years that start after the enactment date. Projects placed in service in earlier taxable years could still claim credits under current rules. There…

## Related bills

- 119-hr-4669: FEMA Act of 2025
- 119-hr-1897: ESA Amendments Act of 2025
- 119-hr-137: TCJA Permanency Act
- 119-hr-9298: Stopping Harmful and Outrageous Torts Act
- 119-hr-6987: Public Charge Clarification Act of 2026
- 119-hr-2528: Association Health Plans Act

## Sources
- [119-hr-3540 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3540)

## Related
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-1897: ESA Amendments Act of 2025](https://policyrisk.com/legislation/119-hr-1897)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-9298: Stopping Harmful and Outrageous Torts Act](https://policyrisk.com/legislation/119-hr-9298)
- [119-hr-6987: Public Charge Clarification Act of 2026](https://policyrisk.com/legislation/119-hr-6987)
- [119-hr-2528: Association Health Plans Act](https://policyrisk.com/legislation/119-hr-2528)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3540 (as of 2025-12-21).