Press Release: Rep. Derek Tran Introduces Bill to Offer Rent Tax Credits in California
Investivoq CongressRadar
Derek Tran introduced a bill proposing renter tax credits to help Southern California families manage rising housing costs.
Investivoq AI Summary
Rep. Derek Tran announces housing bill: The release says Rep. Derek Tran introduced the COST Act, a bill that would create refundable tax credits for renters. It frames the proposal as a response to rising housing costs in Southern California and elsewhere.
Bill details and estimated impact: According to the release, the credit would start at 8% for families earning up to $150,000, with support capped at $333 a month, or $4,000 a year. The release says more than 75,000 families in California’s 45th District could qualify.
Context cited by the office: The statement says average rent in Orange County is now above $3,200 a month, up nearly 40% since 2017. It also lists Tran’s previous housing-related actions, including support for federal funding and other housing bills.
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 6th, 2026. This is the 173rd highest net worth in Congress, per our live estimates.
Tran has approximately $481.7K 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 $50,729,908 of spending in California's 45th congressional district elections over the last two years, per our estimates.
Approximately $38,764,669 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 ($15,032,314)
- CONGRESSIONAL LEADERSHIP FUND ($9,450,487)
- DCCC ($6,190,164)
- VOTEVETS ($1,459,281)
- LCV VICTORY FUND ($1,343,751)
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.