118th Congress Taxation
H.R. 6608: End Hedge Fund Control of American Homes Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Linda Sánchez D-CAOriginal
- Nikema Williams D-GAOriginal
- Rashida Tlaib D-MI
- Jimmy Gomez D-CA
- Zoe Lofgren D-CA
- Katie Porter D-CA
- Mike Levin D-CA
- Barbara Lee D-CA
- Cori Bush D-MO
- Jahana Hayes D-CT
- Raúl Grijalva D-AZ
- Dina Titus D-NV
- Ted Lieu D-CA
- Andrea Salinas D-OR
- Frank Pallone D-NJ
- Patrick Ryan D-NY
- Delia Ramirez D-IL
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History
- Introduced in the House by Adam Smith.
Show the full action history (2 actions)
- Introduced in House
- 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.