HB6608: End Hedge Fund Control of American Homes Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
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.
Plain-language summary
This bill would add a tax penalty on hedge funds and similar investment firms that own too many single-family homes and don't sell them. The tax applies when these firms hold excess homes beyond a certain threshold. Hedge funds are investment companies that pool money from wealthy investors to make profits. The bill aims to reduce corporate ownership of residential homes. Currently the bill has been introduced in Congress and is awaiting review.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
HB6608: End Hedge Fund Control of American Homes Act
Upcoming hearings & events
Sponsors
Adam Smith
Primary SponsorCo-sponsors (17)
Linda Sanchez
Nikema Williams
Rashida Tlaib
Jimmy Gomez
Zoe Lofgren