Search Results: keywords:"real estate"

  • S. 638 — To amend the Act of June 22, 1948.
    Status:Introduced in Senate
    Words:191

    S. 638 aims to modify the Act of June 22, 1948, which is also known as the "Thye-Blatnik Act." The bill proposes changing how the value of certain items is appraised by requiring the consideration of the highest fair appraised value, including historical values, as determined...

    Simple Explanation

    S. 638 is about changing a rule to make sure that when they figure out how much something is worth, they look at both the highest and past prices to make it fair. This means people might pay different amounts for the same thing because prices can change over time.

  • S. 176 — To direct the President to take such actions as may be necessary to prohibit the purchase of public or private real estate located in the United States by citizens and entities of the People's Republic of China, and for other purposes.
    Status:Introduced in Senate
    Words:928

    S. 176 seeks to prevent citizens and entities from the People's Republic of China from purchasing real estate in the United States. The bill directs the President to take necessary actions to stop these purchases and, if deemed a national security risk, to require the sale of...

    Simple Explanation

    S. 176 is a rule that wants to stop people and businesses from China from buying land in America because it might be unsafe for the country. It makes the President decide who can't buy it, but lets some people like refugees keep their homes.

  • H. R. 1575 — To prohibit certain businesses and persons from purchasing real estate adjacent to covered Federal lands in the United States, and for other purposes.
    Status:Introduced in House
    Words:635

    H.R. 1575, also known as the “No American Land for Communist China Act,” is a bill introduced in the 119th Congress. It seeks to prevent certain businesses and individuals, specifically those connected to the Government of the People’s Republic of China, from purchasing real...

    Simple Explanation

    Imagine if some people from far away wanted to buy land next to special places in America like national parks. This bill is like a big "no" sign telling them they can't buy land next to these places if they are from a country far away called China and connected to its government.

  • S. 715 — To prohibit certain businesses and persons from purchasing real estate adjacent to covered Federal land in the United States, and for other purposes.
    Status:Introduced in Senate
    Words:474

    The bill S. 715, titled the “No American Land for Communist China Act,” aims to prevent certain entities from the People’s Republic of China from buying real estate near federal lands in the United States. Specifically, it restricts purchases by Chinese government agents or...

    Simple Explanation

    The bill S. 715 is like a rule that says certain businesses from China can't buy land next to certain special U.S. lands, and the President will make sure this rule is followed.

  • S. 4971 — To amend the Housing Act of 1949 to permit the assumption of loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program.
    Status:Introduced in Senate
    Words:374

    S. 4971, known as the "Rural Homeownership Continuity Act of 2024," proposes changes to the Housing Act of 1949. It allows individuals to assume existing guaranteed loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program when acquiring...

    Simple Explanation

    The bill is like a rule that lets people take over a special kind of house loan from someone else when they buy that person's house, and it makes sure the original person isn't responsible for the loan anymore if it's done right. It also means the person in charge has to make sure everything with the loan stays the same and fair when it's passed on.

  • H. R. 8693 — To prohibit certain businesses and persons from purchasing real estate adjacent to covered Federal lands in the United States, and for other purposes.
    Status:Introduced in House
    Words:591

    H. R. 8693, titled the “No American Land for Communist China Act,” seeks to stop certain Chinese nationals and businesses from buying real estate next to key federal lands in the United States. The bill requires the President to prevent purchases by Chinese government agents...

    Simple Explanation

    The bill wants to stop people or companies from China, who have a certain connection with the Chinese government, from buying land next to special protected areas in the United States, like national parks or military lands. It aims to make sure important land stays safe and secure.

  • H. R. 7707 — To amend the Internal Revenue Code of 1986 to provide for a first-time homebuyer credit, and for other purposes.
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    Status:Introduced in House
    Words:3,696

    The bill, H.R. 7707, seeks to amend the Internal Revenue Code of 1986 to introduce a refundable tax credit for first-time homebuyers. It allows eligible individuals to receive a credit worth 10% of the purchase price of their home, up to a maximum of $15,000. Certain...

    Simple Explanation

    The bill wants to give people buying their first house a bit of money back, up to $15,000, to help them pay for it, but they have to follow some rules like not owning a home recently and earning below a certain amount of money. If someone sells the house too soon or doesn't live in it, they might have to give the money back, and there are special rules for how this money can be shared or transferred to help with loans.

  • S. 4978 — To prohibit certain businesses and persons from purchasing real estate adjacent to covered Federal land in the United States, and for other purposes.
    Status:Introduced in Senate
    Words:461

    The bill, known as the "No American Land for Communist China Act," aims to prevent certain Chinese nationals and businesses from buying real estate next to specific federal lands in the United States. It defines "covered federal land" as any land under the jurisdiction of the...

    Simple Explanation

    The "No American Land for Communist China Act" is a rule that tries to stop certain people and businesses from China from buying land next to special places owned by the U.S. government, like parks or forests. It's like saying, "You can't build your house too close to our playground."