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United States · Bill · HR

H.R. 6608 (118th)

End Hedge Fund Control of American Homes Act

referredUnited States· United States Congress· EN

Introduced

5 December 2023

Last action

5 December 2023 · Introduced

Status

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.

Sponsors

Rep. Smith, Adam [D-WA-9], Rep. Sánchez, Linda T. [D-CA-38], Rep. Williams, Nikema [D-GA-5], Rep. Tlaib, Rashida [D-MI-12], Rep. Gomez, Jimmy [D-CA-34], Rep. Lofgren, Zoe [D-CA-18], Rep. Porter, Katie [D-CA-47], Rep. Levin, Mike [D-CA-49], Rep. Lee, Barbara [D-CA-12], Rep. Bush, Cori [D-MO-1], Rep. Hayes, Jahana [D-CT-5], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Titus, Dina [D-NV-1], Rep. Lieu, Ted [D-CA-36], Rep. Salinas, Andrea [D-OR-6], Rep. Ryan, Patrick [D-NY-18], Rep. Pallone, Frank [D-NJ-6], Rep. Ramirez, Delia C. [D-IL-3]

Subjects

Housing, Taxation

Source updated

5 December 2025

Housing · Taxation

Official sourceDownload fileView documentsShare

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 December 2023

    Introduced

    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.

    Source: IntroReferral

  2. 5 December 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 December 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 5 December 2023

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 5 December 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 5 December 2023

    Open at official source

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Sponsors

Related records

Sources

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