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Stop Wall Street Landlords Act of 2026
2/7/2026, 4:53 AM
Summary of Bill HR 7138
The bill titled "To amend the Internal Revenue Code of 1986" introduced in the 119th Congress as H.R. 7138 on January 16, 2026, aims to disallow the deduction of certain expenses related to single-family home ownership by specified large investors, impose an excise tax on the sale of these homes by such investors, and prohibit Federal mortgage assistance for certain large investors.
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Current Status of Bill HR 7138
Bill HR 7138 is currently in the status of Bill Introduced since January 16, 2026. Bill HR 7138 was introduced during Congress 119 and was introduced to the House on January 16, 2026. Bill HR 7138's most recent activity was 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. as of January 16, 2026
Bipartisan Support of Bill HR 7138
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
42Democrat Cosponsors
42Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7138
Primary Policy Focus
Alternate Title(s) of Bill HR 7138
To amend the Internal Revenue Code of 1986 to disallow the deduction of certain expenses relating to ownership of single-family homes by specified large investors, to impose an excise tax on the sale of such homes by such investors, and to prohibit Federal mortgage assistance relating to certain large investors.
To amend the Internal Revenue Code of 1986 to disallow the deduction of certain expenses relating to ownership of single-family homes by specified large investors, to impose an excise tax on the sale of such homes by such investors, and to prohibit Federal mortgage assistance relating to certain large investors.
Comments
Sponsors and Cosponsors of HR 7138
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