S. 3402 · 118th Congress
End Hedge Fund Control of American Homes Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MerkleySponsor2 cosponsors · 2 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill imposes an excise tax on hedge fund taxpayers that own a certain number of single-family residences in excess of a specified amount.
What it does: CRS summary · Introduced in Senate · Dec 5, 2023
End Hedge Fund Control of American Homes Act
This bill imposes an excise tax on hedge fund taxpayers that own a certain number of single-family residences in excess of a specified amount.
The bill establishes the Housing Downpayment Trust Fund into which tax revenues from this bill shall be deposited to provide grants for down payment assistance to taxpayers purchasing a single-family residence.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: End Hedge Fund Control of American Homes Act
Latest action (Dec 5, 2023): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Dec 5, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.