United States 119th Congress Status: In Committee 1 R cosponsors

HR 9573 — Housing Opportunities and Preservation Enhancement Act of 2026

Last action — Referred to the House Committee on Ways and Means.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced July 02, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

This bill focuses on enhancing housing opportunities and preservation.

The Housing Opportunities and Preservation Enhancement Act aims to improve and expand housing options. It also emphasizes the importance of preserving existing housing stock.

Bill Text

How this bill changes current law

12 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill adds a new subchapter to the Internal Revenue Code that provides specific tax incentives and exemptions for certain types of residential rental property.

  • Chapter 1 of the Internal Revenue Code of 1986

    Inserting after subchapter V the following new subchapter: "Subchapter W--Certain Residential Rental Property"

    Creates a new subchapter focused on tax incentives for residential rental property.

  • Section 1400W-1

    Defining "qualified property" for purposes of the new subchapter.

    Establishes criteria for what qualifies as qualified property under this new tax incentive.

  • Section 1400W-2

    Allowing taxpayers to retain tax benefits despite having a right of first refusal held by certain entities.

    Protects tax benefits related to qualified property when certain purchase options exist.

  • Section 1400W-3

    Exempting residential rental of qualified property from passive activity rules.

    Allows easier tax treatment for income generated from residential rentals that meet criteria.

  • Section 1400W-4

    Exempting residential rental of qualified property from the profit motive requirement under Section 183(a).

    Removes the need to demonstrate a profit motive for qualified property rental, aiding property owners.

  • Section 1400W-5

    Specifying the treatment of qualified nonrecourse financing related to qualified property.

    Facilitates more favorable financing arrangements for properties that qualify.

  • Section 1400W-6

    Determining gain or loss on property sale based on fair market value for qualified properties held long-term.

    Changes how gains or losses are calculated for tax purposes on long-held qualified properties.

  • Section 1400W-7

    Setting a 15-year recovery period for depreciation of qualified property.

    Accelerates depreciation benefits for property owners of qualified residential rentals.

  • Section 1400W-8

    Establishing exceptions for basis adjustments related to certain energy credits for qualified properties.

    Prevents a decrease in basis for qualified properties due to specific energy-efficient tax provisions.

  • Section 1400W-9

    Providing special treatment of capital grants for qualified property.

    Exempts certain grant amounts from taxable income and preserves basis in acquired property.

  • Clerical amendment to insert the new subchapter in the table of contents.

    Ensures new legislation is properly referenced in the existing code structure.

  • Effective for taxable years beginning after the date of enactment.

    Establishes when the new tax provisions take effect.

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Ways and Means.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HR 9573?
HR 9573 is sponsored by Carey, Mike (Republican).
What is the current status of HR 9573?
This bill is in committee in the House. Introduced July 02, 2026. It must pass committee before a floor vote.
Where can I track HR 9573?
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