End Hedge Fund Control of American Homes Act

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

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 5 December 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 5 December 2023 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 5 December 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 5 December 2023

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 5 December 2023

  Open at official source

Sponsors

• Jeff Merkley · D · Sponsor
• Tina Smith · D · Sponsor
• Sen. Tester, Jon [D-MT] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to ← End Hedge Fund Control of American Homes Act