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United States · Bill · HR

H.R. 6630 (118th)

American Neighborhoods Protection Act of 2023

referredUnited States· United States Congress· EN

Introduced

6 December 2023

Last action

6 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

Jeff Jackson, Alma Adams

Subjects

Housing, Taxation

Source updated

24 July 2024

Housing · Taxation

Summary

American Neighborhoods Protection Act of 2023 This bill imposes an excise tax, with certain exclusions, on individuals who own more than 75 single family homes. The amount of such tax is the product of $10,000 and the excess of the number of homes owned over 75. 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 to families purchasing a home.

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

Timeline

  1. 6 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. 6 December 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 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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Sponsors

Related records

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Sources

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