S. 788 Introduced Taxation

HOPE (Humans over Private Equity) for Homeownership Act

A bill 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.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Merkley, Jeff [D-OR] Introduced February 27, 2025 Cosponsors 6 (4 D, 2 I) Latest action February 27, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Feb 27, 2025 Read twice and referred to the Committee on Finance.
  2. Feb 27, 2025 Introduced in Senate

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