S. 3673 is called the "Affordable Housing and Homeownership Protection Act of 2024." It amends the Internal Revenue Code to impose a tax on large investors when they purchase single-family homes, with different tax rates based on the number of homes owned. This tax does not...
Simple Explanation
S. 3673 is a bill that wants big companies who buy a lot of houses to pay extra money, and this extra money will be used to help people find affordable places to live. It makes sure small states get more money to help build homes for people who need them.