Press Release: Derek Tran introduces bill to expand housing tax relief for renters
Investivoq CongressRadar
Representative Tran introduced legislation to provide renter tax credits and ease housing costs in Southern California.
Investivoq AI Summary
Tran presents housing-cost bill: Representative Derek Tran said he introduced the “COST” Act to help renters in Southern California cope with rising housing costs. The bill would create refundable tax credits for renters and, according to the release, is intended to broaden housing affordability.
Proposal details and stated impact: The release says the measure would provide a basic 8% refundable tax credit for families with gross incomes of $150,000 or less, capped at $333 a month or $4,000 a year. It says more than 75,000 households in California’s 45th District could benefit.
Additional context from the release: The statement also cites Orange County rents above $3,200 a month and says Tran has backed other housing measures, including funding for affordable housing and legislation aimed at speeding construction and reducing red tape.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Derek Tran Fundraising
Derek Tran recently disclosed $725.6K of fundraising in a Q2 FEC disclosure filed on July 15th, 2026. This was the 100th most from all Q2 reports we have seen this year. 68.3% came from individual donors.
Tran disclosed $277.5K of spending. This was the 377th most from all Q2 reports we have seen from politicians so far this year.
Tran disclosed $3.3M of cash on hand at the end of the filing period. This was the 126th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Derek Tran's fundraising on Investivoq.
Derek Tran Net Worth
Investivoq estimates that Derek Tran is worth $4.9M, as of October 16th, 2026. This is the 173rd highest net worth in Congress, per our live estimates.
Tran has approximately $480.9K invested in publicly traded assets which Investivoq is able to track live.
You can track Derek Tran's net worth on Investivoq's politician page for Tran.
Derek Tran Bill Proposals
Here are some bills which have recently been proposed by Derek Tran:
- H.R.10613: Housing COST Act
- H.R.10349: EMT Act
- H.R.10108: Hazardous Materials Transparency Act
- H.R.9883: Private Detention Corporate Accountability Act of 2026
- H.R.8066: Carlton H. Ingram Veterans’ Benefits Improvement Act
- H.R.7969: Combating Chinese Communist Party Influence Act
You can track bills proposed by Derek Tran on Investivoq's politician page for Tran.
2026 California's 45th Congressional District Election
There has been approximately $38,638,626 of spending in California's 45th congressional district elections over the last two years, per our estimates.
Approximately $27,416,089 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- HMP ($10,592,257)
- DCCC ($6,190,164)
- CONGRESSIONAL LEADERSHIP FUND ($5,885,918)
- FAIRSHAKE ($1,015,758)
- WORKER POWER PAC ($758,108)
The rating for this race is currently "Likely D".
You can track this election on our matchup page for the 2026 California's 45th congressional district election.
