SENATE 3402118th CongressRead twice and referred to the Committee on Finance.
End Hedge Fund Control of American Homes Act
- Last Action
- 12/5/2023
Actions
- 2023-12-05Read twice and referred to the Committee on Finance.
- 2023-12-05Introduced in Senate
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 (2)
- Tina Smith (D-MN)
- Jon Tester (D-MT)
Sourced from Congress.gov (public domain).
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