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American Neighborhoods Protection Act of 2023

USA118th CongressHR-6630| House 
| Updated: 12/6/2023
Jeff Jackson

Jeff Jackson

Democratic Representative

North Carolina

Cosponsors (1)
Alma S. Adams (Democratic)

Ways and Means Committee, Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American Neighborhoods Protection Act of 2023 This bill imposes an excise tax, with certain exclusions, on individuals who own more than 75 single family homes. The amount of such tax is the product of $10,000 and the excess of the number of homes owned over 75. The bill establishes a Housing Trust Fund into which the excise tax amounts shall be deposited and used to provide grants for down payment assistance to families purchasing a home.
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Timeline
Dec 6, 2023
Introduced in House
Dec 6, 2023
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.
  • December 6, 2023
    Introduced in House


  • December 6, 2023
    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.

Taxation

American Neighborhoods Protection Act of 2023

USA118th CongressHR-6630| House 
| Updated: 12/6/2023
American Neighborhoods Protection Act of 2023 This bill imposes an excise tax, with certain exclusions, on individuals who own more than 75 single family homes. The amount of such tax is the product of $10,000 and the excess of the number of homes owned over 75. The bill establishes a Housing Trust Fund into which the excise tax amounts shall be deposited and used to provide grants for down payment assistance to families purchasing a home.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 6, 2023
Introduced in House
Dec 6, 2023
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.
  • December 6, 2023
    Introduced in House


  • December 6, 2023
    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.
Jeff Jackson

Jeff Jackson

Democratic Representative

North Carolina

Cosponsors (1)
Alma S. Adams (Democratic)

Ways and Means Committee, Financial Services Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted