HOUSE 6608118th CongressReferred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
End Hedge Fund Control of American Homes Act
- Last Action
- 12/5/2023
Actions
- 2023-12-05Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-12-05Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-12-05Introduced in House
- 2023-12-05Introduced in House
CRS Summary
As of 2023-12-05 (00)
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.
Cosponsors (17)
- Linda Sánchez (D-CA)
- Nikema Williams (D-GA)
- Rashida Tlaib (D-MI)
- Jimmy Gomez (D-CA)
- ZOE LOFGREN (D-CA)
- Katie Porter (D-CA)
- Mike Levin (D-CA)
- BARBARA LEE (D-CA)
- Cori Bush (D-MO)
- Jahana Hayes (D-CT)
- Raúl Grijalva (D-AZ)
- Dina Titus (D-NV)
- Ted Lieu (D-CA)
- Andrea Salinas (D-OR)
- Patrick Ryan (D-NY)
- Frank Pallone (D-NJ)
- Delia Ramirez (D-IL)
Sourced from Congress.gov (public domain).
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