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HR 6608 118th Congress House Taxation

End Hedge Fund Control of American Homes Act

Introduced: February 9, 2024 Introduced by: Smith, Adam Democratic · Washington See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2023
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.
Dec 5, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

End Hedge Fund Control of American Homes Act

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.

What's happening now December 5, 2023

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.

 Related & companion bills 1
  • S 3402 Identical bill End Hedge Fund Control of American Homes Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

 Cosponsors 17
All 17 Democratic 13
D
Ramirez, Delia C.
Illinois · Dec 9, 2024
 D
Pallone, Frank
New Jersey · Sep 3, 2024
 D
Ryan, Patrick
New York · Sep 3, 2024
 D
Salinas, Andrea
Oregon · Jun 26, 2024
 D
Lieu, Ted
California · Jun 25, 2024
 D
Titus, Dina
Nevada · May 22, 2024
 D
Grijalva, Raúl M.
Arizona · Apr 9, 2024
 D
Hayes, Jahana
Connecticut · Mar 12, 2024
Bush, Cori
· Mar 11, 2024
Lee, Barbara
· Feb 15, 2024
 D
Levin, Mike
California · Feb 13, 2024
Porter, Katie
· Feb 9, 2024
 D
Lofgren, Zoe
California · Jan 31, 2024
 D
Gomez, Jimmy
California · Jan 10, 2024
 D
Tlaib, Rashida
Michigan · Dec 12, 2023
 D
Sánchez, Linda T.
California · Dec 5, 2023
 D
Williams, Nikema
Georgia · Dec 5, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6608: End Hedge Fund Control of American Homes Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-6608/
MLA
"H.R. 6608: End Hedge Fund Control of American Homes Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-6608/.
Bluebook (legal)
H.R. 6608, 118th Cong. (2026), https://openamerica.io/bill/118-HR-6608/.
Markdown link
[H.R. 6608: End Hedge Fund Control of American Homes Act](https://openamerica.io/bill/118-HR-6608/)
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