Protecting American Homes from Hedge Funds Act

Hozzl · 2026-07-29T21:18:40Z

Explore the details of House Bill 9657 Protecting American Homes from Hedge Funds Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

7/29/2026, 9:18 PM

Summary of Bill HR 9657

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.

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Current Status of Bill HR 9657

Bill HR 9657 is currently in the status of Bill Introduced since July 13, 2026. Bill HR 9657 was introduced during Congress 119 and was introduced to the House on July 13, 2026. Bill HR 9657'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 July 13, 2026

Bipartisan Support of Bill HR 9657

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 9657

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 9657

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.