S. 788 aims to amend the Internal Revenue Code to impose an excise tax on hedge funds that fail to sell surplus single-family homes, encouraging them to reduce their holdings in the housing market. The bill defines specific thresholds and penalties for hedge fund taxpayers...
The bill wants big companies that own lots of houses to sell some of them so more people can buy homes to live in. If these companies don't sell the extra houses, they have to pay a special fee.
H. R. 1745, also known as the “Humans over Private Equity for Homeownership Act” or the "HOPE for Homeownership Act," aims to discourage certain hedge funds from excessively owning single-family homes. It imposes an excise tax on hedge funds that don't sell off excess homes...
The "HOPE for Homeownership Act" wants to stop hedge funds from owning too many houses by charging them extra money if they don't start selling some, making it easier for regular people to buy homes.
H.R. 6608, known as the “End Hedge Fund Control of American Homes Act,” seeks to amend the Internal Revenue Code of 1986 to impose excise taxes on hedge funds that do not sell excessive single-family residences they own. The bill introduces a tax on the acquisition of single-family residences...
H.R. 6608 is a bill that wants big companies, like hedge funds, to sell off some of the houses they own so more families can buy them. If they don't sell these houses, they have to pay a big tax, and this tax money will help families buy homes by giving them extra money for things like the down payment.
H.R. 6630, also known as the "American Neighborhoods Protection Act of 2023," aims to limit the ownership of single-family residences by any individual or entity to no more than 75 of such properties. It introduces an excise tax of $10,000 for each residence owned beyond this limit, with...
This bill says people or companies can own up to 75 houses, but if they own more, they have to pay a big fee for each extra house. This fee will be used to help families buy their first home.
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