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        <title>End Hedge Fund Control of American Homes Act</title>
        <congress>118</congress>
        <number>6608</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-12-05</actionDate>
          <text>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.</text>
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        <fullName>Sen. Merkley, Jeff [D-OR]</fullName>
        <firstName>Jeff</firstName>
        <lastName>Merkley</lastName>
        <party>D</party>
        <state>OR</state>
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        <fullName>Sen. Smith, Tina [D-MN]</fullName>
        <firstName>Tina</firstName>
        <lastName>Smith</lastName>
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        <state>MN</state>
        <sponsorshipDate>2023-12-05</sponsorshipDate>
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        <fullName>Sen. Tester, Jon [D-MT]</fullName>
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        <lastName>Tester</lastName>
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        <state>MT</state>
        <sponsorshipDate>2024-09-11</sponsorshipDate>
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      <name>Taxation</name>
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      <policyArea>
        <name>Taxation</name>
        <updateDate>2023-12-19T20:00:25Z</updateDate>
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        <actionDate>2023-12-05</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2024-01-18T20:49:30Z</updateDate>
        <cdata>
          <text>&lt;p&gt; &lt;strong&gt;End Hedge Fund Control of American Homes Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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.&lt;/p&gt;</text>
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    <title>End Hedge Fund Control of American Homes Act</title>
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        <title>End Hedge Fund Control of American Homes Act</title>
        <updateDate>2024-09-12T11:03:18Z</updateDate>
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        <titleType>Official Title as Introduced</titleType>
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        <title>A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences, and for other purposes.</title>
        <updateDate>2024-09-12T10:56:23Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>End Hedge Fund Control of American Homes Act</title>
        <updateDate>2024-05-24T13:35:03Z</updateDate>
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        <date>2023-12-05T05:00:00Z</date>
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    <latestAction>
      <actionDate>2023-12-05</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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