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End Hedge Fund Control of American Homes Act

USA118th CongressS-3402| Senate 
| Updated: 12/5/2023
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (2)
Jon Tester (Democratic)Tina Smith (Democratic)

Finance 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

Bill from Previous Congress

S 117-5151
End Hedge Fund Control of American Homes Act
Dec 5, 2023

Latest Companion Bill Action

HR 118-6608
Introduced in House
Dec 5, 2023
Introduced in Senate
Dec 5, 2023
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 117-5151
    End Hedge Fund Control of American Homes Act


  • December 5, 2023

    Latest Companion Bill Action

    HR 118-6608
    Introduced in House


  • December 5, 2023
    Introduced in Senate


  • December 5, 2023
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 118-6608: End Hedge Fund Control of American Homes Act

End Hedge Fund Control of American Homes Act

USA118th CongressS-3402| Senate 
| 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 Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 117-5151
End Hedge Fund Control of American Homes Act
Dec 5, 2023

Latest Companion Bill Action

HR 118-6608
Introduced in House
Dec 5, 2023
Introduced in Senate
Dec 5, 2023
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 117-5151
    End Hedge Fund Control of American Homes Act


  • December 5, 2023

    Latest Companion Bill Action

    HR 118-6608
    Introduced in House


  • December 5, 2023
    Introduced in Senate


  • December 5, 2023
    Read twice and referred to the Committee on Finance.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (2)
Jon Tester (Democratic)Tina Smith (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 118-6608: End Hedge Fund Control of American Homes Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted