Stop Wall Street Landlords Act of 2026

Hozzl · 2026-02-10T00:31:40Z

Explore the details of House Bill 7138 Stop Wall Street Landlords Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/10/2026, 12:31 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

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7138

Primary Policy Focus

Taxation

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.