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Bill119th CongressFiled Feb 27, 2025Taxation
S. 788

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.

Bill journey · stage 2 of 5

Under committee review

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What it does

A plain-language summary from the Congressional Research Service isn’t available yet for this bill. CRS summaries are typically posted within a few weeks of introduction.

What just happenedFeb 27, 2025

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Merkley, Jeff [D-OR](D-OR)Sponsor
6 cosponsors4 D2 I
Read on Congress.gov
6cosponsors1committees2actions1related bills
  1. Feb 27, 2025IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. Feb 27, 2025IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on the failure o… — Informed