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United States · Bill · S

S. 5151 (117th)

End Hedge Fund Control of American Homes Act

referredUnited States· United States Congress· EN

Introduced

30 November 2022

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

End Hedge Fund Control of American Homes Act This bill imposes an excise tax, with certain exclusions, on individuals who own more than 100 single family homes. The amount of such tax is the product of $20,000 and the number of homes owned over 100. 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.

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Documents

3 official files

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Sources

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