United States · Bill · HR
H.R. 8582 (117th)
To amend the Internal Revenue Code of 1986 to impose an excise tax on the acquisition of single-family homes by certain large investors.
Introduced
28 July 2022
Last action
28 July 2022 · 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. Grijalva, Raúl M. [D-AZ-7], Rep. Porter, Katie [D-CA-47], Rep. Khanna, Ro [D-CA-17], Rep. Bowman, Jamaal [D-NY-16], Rep. Schakowsky, Janice D. [D-IL-9], Sen. Gallego, Ruben [D-AZ], Rep. Levin, Mike [D-CA-49], Rep. Castor, Kathy [D-FL-14]
Subjects
Housing, Taxation
Source updated
7 February 2024
Summary
This bill imposes a 100% excise tax on the purchase of a single-family home by a specified large investor (i.e., any person, other than a tax-exempt charitable organization or a governmental entity, with assets having a fair market value exceeding $20 million). The tax does not apply if the home is used as the principal residence of the investor or the sale to the investor is pursuant to a governmental program for providing housing to low-income individuals.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
28 July 2022
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
28 July 2022
Introduced
Introduced in House
Source: IntroReferral
28 July 2022
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 28 July 2022 · Download file
Documents
3 official files
Introduced in House (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 28 July 2022
Introduced in House (PDF)
Introduced in House · EN · 28 July 2022
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 28 July 2022
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Smith, Adam [D-WA-9] · D · Sponsor
- Rep. Grijalva, Raúl M. [D-AZ-7] · D · Cosponsor
- Rep. Porter, Katie [D-CA-47] · D · Cosponsor
- Rep. Khanna, Ro [D-CA-17] · D · Cosponsor
- Rep. Bowman, Jamaal [D-NY-16] · D · Cosponsor
- Rep. Schakowsky, Janice D. [D-IL-9] · D · Cosponsor
- Sen. Gallego, Ruben [D-AZ] · D · Cosponsor
- Rep. Levin, Mike [D-CA-49] · D · Cosponsor
- Rep. Castor, Kathy [D-FL-14] · D · Cosponsor
- · hsba00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/8582
- Open data entity: https://api.congress.gov/v3/bill/117/hr/8582
- us · 117-hr-8582 · source updated 7 February 2024