{"bill":{"id":"118-hr-6608","congress":118,"type":"HR","number":6608,"title":"End Hedge Fund Control of American Homes Act","originChamber":"House","introducedDate":"2023-12-05","sponsors":[{"bioguideId":"S000510","fullName":"Rep. Smith, Adam [D-WA-9]","party":"D","state":"WA","district":9}],"cosponsorsCount":17,"latestAction":{"actionDate":"2023-12-05","text":"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."},"policyArea":"Taxation","subjects":[],"actions":[{"date":"2023-12-05","text":"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.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2023-12-05","text":"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.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2023-12-05","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2023-12-05","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":" <p> <strong>End Hedge Fund Control of American Homes Act </strong></p> <p>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. </p> <p>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.</p>","updateDate":"2025-12-05T08:47:30Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":351,"ts":"2026-04-15T03:44:24.510Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=End%20Hedge%20Fund%20Control%20of%20American%20Homes%20Act"}]}}