A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on the acquisition of single-family residences by hedge fund taxpayers, and for other purposes.

2/27/2026, 11:56 AM

Summary of Bill S 3930

This bill introduced in the 119th Congress aims to amend the Internal Revenue Code of 1986 to impose an excise tax specifically targeting hedge fund taxpayers who acquire single-family residences. The bill's purpose focuses on altering tax implications for this specific demographic.

Current Status of Bill S 3930

Bill S 3930 is currently in the status of Bill Introduced since February 26, 2026. Bill S 3930 was introduced during Congress 119 and was introduced to the Senate on February 26, 2026. Bill S 3930's most recent activity was Read twice and referred to the Committee on Finance. as of February 26, 2026

Bipartisan Support of Bill S 3930

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3930

Primary Policy Focus

Alternate Title(s) of Bill S 3930

A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on the acquisition of single-family residences by hedge fund taxpayers, and for other purposes.

Comments

Westyn Cooke

611

6 days ago

I think this bill is a step in the right direction. It's important to hold hedge fund taxpayers accountable for their acquisitions of single-family residences. This could potentially help level the playing field for regular homebuyers like myself. #S3930 #taxreform

Miles Joseph

721

7 days ago

This bill is a load of crap! Why should hedge fund taxpayers be punished for buying single-family residences? It's their money, they should be able to do what they want with it. This is just another way for the government to stick it to the little guy. I don't like it one bit.