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End Hedge Fund Control of American Homes Act

USA117th CongressS-5151| Senate 
| Updated: 11/30/2022
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Hedge Fund Control of American Homes Act This bill imposes an excise tax, with certain exclusions, on individuals who own more than 100 single family homes. The amount of such tax is the product of $20,000 and the number of homes owned over 100. The bill establishes a Housing Trust Fund into which the excise tax amounts shall be deposited and used to provide grants for down payment assistance.
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Timeline
Nov 30, 2022
Introduced in Senate
Nov 30, 2022
Read twice and referred to the Committee on Finance.
  • November 30, 2022
    Introduced in Senate


  • November 30, 2022
    Read twice and referred to the Committee on Finance.

Taxation

End Hedge Fund Control of American Homes Act

USA117th CongressS-5151| Senate 
| Updated: 11/30/2022
End Hedge Fund Control of American Homes Act This bill imposes an excise tax, with certain exclusions, on individuals who own more than 100 single family homes. The amount of such tax is the product of $20,000 and the number of homes owned over 100. The bill establishes a Housing Trust Fund into which the excise tax amounts shall be deposited and used to provide grants for down payment assistance.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 30, 2022
Introduced in Senate
Nov 30, 2022
Read twice and referred to the Committee on Finance.
  • November 30, 2022
    Introduced in Senate


  • November 30, 2022
    Read twice and referred to the Committee on Finance.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted