End Hedge Fund Control of American Homes Act

United States118th CongressHR-6608House of Representatives
Updated: Dec 5, 2023

Summary

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.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

Latest companion bill action

S-3402: End Hedge Fund Control of American Homes Act

Introduced in Senate

  1. Introduced in House

  2. 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.

    House of Representatives

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