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.

The bill titled "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," was introduced in the 119th Congress on July 13, 2026, as H.R. 9657. The primary aim of the bill is to levy an excise tax on hedge funds that do not divest excess single-family homes they own. Details on specific provisions or directives beyond the taxation aspect are not provided in the context.