S 3673 · 118th Congress

Affordable Housing and Homeownership Protection Act of 2024

<p><strong>Affordable Housing and Homeownership Protection Act of 2024</strong></p><p>This bill imposes an excise tax on a percentage of the price paid by certain investors for the purchase of single-family homes in a taxable year. The amount of the percentage, either 1%, 3%, or 5%, is based on the number of homes o…

Sponsor

Reed, Jack (D-RI)

Introduced

2024-01-25

Policy area

Taxation

Latest action

Committee on Banking, Housing, and Urban Affairs. Hearings held.