US SB2224 | 2023-2024 | 118th Congress
Status
Spectrum: Strong Partisan Bill (Democrat 12-1)
Status: Introduced on July 11 2023 - 25% progression, died in committee
Action: 2024-04-18 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 11 2023 - 25% progression, died in committee
Action: 2024-04-18 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to deny interest and depreciation deductions for taxpayers owning 50 or more single family properties.
Title
Stop Predatory Investing Act
Sponsors
| Sen. Sherrod Brown [D-OH] | Sen. Ron Wyden [D-OR] | Sen. Jack Reed [D-RI] | Sen. Tina Smith [D-MN] |
| Sen. Jeff Merkley [D-OR] | Sen. John Fetterman [D-PA] | Sen. Elizabeth Warren [D-MA] | Sen. Tammy Baldwin [D-WI] |
| Sen. Sheldon Whitehouse [D-RI] | Sen. Bernard Sanders [I-VT] | Sen. Amy Klobuchar [D-MN] | Sen. Peter Welch [D-VT] |
| Sen. Richard Blumenthal [D-CT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-18 | Senate | Committee on Banking, Housing, and Urban Affairs. Hearings held. |
| 2023-07-11 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB9937 (Same As) 2024-10-04 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/2224/all-info |
| Text | https://www.congress.gov/118/bills/s2224/BILLS-118s2224is.pdf |
