FIXER Act
The source supplies the latest action, but no lifecycle stage.
Latest action (23 Jul 2026): Referred to the House Committee on Ways and Means.
What this bill does
H.R. 9906, the FIXER Act, would amend the federal tax code's rules governing tax-exempt "private activity" bonds used to finance affordable rental housing. Currently, states face a limited annual "volume cap" restricting how many such bonds they can issue. The bill would let a state or local bond-issuing authority elect to exempt certain bonds from that cap if 95% or more of the proceeds go toward preserving, improving, or replacing existing low-income housing tax credit buildings whose compliance period has ended, or buildings receiving federal or state housing assistance. It also relaxes a related rule limiting bond use for purchasing existing property, and ensures that bonds using this exception still count for purposes of qualifying projects for low-income housing tax credits. Once made, the election would be irrevocable, and the changes would apply to bonds issued after enactment.
The bill primarily affects state and local housing finance agencies, developers of affordable rental housing, and residents of existing subsidized or low-income housing developments, by potentially making it easier to finance rehabilitation or preservation of aging affordable housing without being blocked by annual bond caps.
The bill was introduced on July 23, 2026, by Rep. Dan Goldman (D-NY), with Rep. Nicole Malliotakis as a cosponsor, and referred to the House Committee on Ways and Means. As an introduced bill, it has not yet been voted on by the committee or the full House, and would need further committee action, House and Senate passage, and the President's signature to become law.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
23 Jul 2026
Referred to the House Committee on Ways and Means.
Common questions
- What does H.R. 9906 do?
- H.R. 9906, the FIXER Act, would amend the federal tax code's rules governing tax-exempt "private activity" bonds used to finance affordable rental housing. Currently, states face a limited annual "volume cap" restricting how many such bonds they can issue. The bill would let a state or local bond-issuing authority elect to exempt certain bonds from that cap if 95% or more of the proceeds go toward preserving, improving, or replacing existing low-income housing tax credit buildings whose compliance period has ended, or buildings receiving federal or state housing assistance. It also relaxes a related rule limiting bond use for purchasing existing property, and ensures that bonds using this exception still count for purposes of qualifying projects for low-income housing tax credits. Once made, the election would be irrevocable, and the changes would apply to bonds issued after enactment. The bill primarily affects state and local housing finance agencies, developers of affordable rental housing, and residents of existing subsidized or low-income housing developments, by potentially making it easier to finance rehabilitation or preservation of aging affordable housing without being blocked by annual bond caps. The bill was introduced on July 23, 2026, by Rep. Dan Goldman (D-NY), with Rep. Nicole Malliotakis as a cosponsor, and referred to the House Committee on Ways and Means. As an introduced bill, it has not yet been voted on by the committee or the full House, and would need further committee action, House and Senate passage, and the President's signature to become law.
- Has H.R. 9906 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 9906. Check the latest action and official source below.
- Who sponsored H.R. 9906?
- H.R. 9906 was sponsored by Rep. Goldman, Daniel S. [D-NY-10] (D-NY), with 1 cosponsor.
- What's the latest action on H.R. 9906?
- Referred to the House Committee on Ways and Means. (23 Jul 2026).
Related bills in Taxation
End Tax Penalties on American Hostages Act
National Taxpayer Advocate Enhancement Act of 2025
Fair Play Enforcement Act
Healthy Communities Act of 2026
More bills from Rep. Goldman, Daniel S. [D-NY-10]
Supporting 9–8–8 Crisis Stabilization Act
To designate the facility of the United States Postal Service located at 114 John Street in New York, New York, as the "Jack Greenberg Post Office".
Judicial FOIA Expansion Act
DHS Surveillance Technology Moratorium Act of 2026
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.