End Hedge Fund Control of American Homes Act
USA118th CongressHR-6608| House
| Updated: 12/5/2023
Adam Smith
Democratic Representative
Washington
Cosponsors (17)
Nikema Williams (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Patrick Ryan (Democratic)Dina Titus (Democratic)Andrea Salinas (Democratic)Delia C. Ramirez (Democratic)Ted Lieu (Democratic)Jahana Hayes (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Frank Pallone (Democratic)Jimmy Gomez (Democratic)Rashida Tlaib (Democratic)Katie Porter (Democratic)Mike Levin (Democratic)Cori Bush (Democratic)
Ways and Means Committee, Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred 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.
Taxation
End Hedge Fund Control of American Homes Act
USA118th CongressHR-6608| House
| Updated: 12/5/2023
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred 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.
Adam Smith
Democratic Representative
Washington
Cosponsors (17)
Nikema Williams (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Patrick Ryan (Democratic)Dina Titus (Democratic)Andrea Salinas (Democratic)Delia C. Ramirez (Democratic)Ted Lieu (Democratic)Jahana Hayes (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Frank Pallone (Democratic)Jimmy Gomez (Democratic)Rashida Tlaib (Democratic)Katie Porter (Democratic)Mike Levin (Democratic)Cori Bush (Democratic)
Ways and Means Committee, Financial Services Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted