What is the current status of HR 3745?

HR 3745 is currently: Introduced.

Who sponsored HR 3745?

HR 3745 was sponsored by Alma Adams (D), Rep.

Limit on Single-Family Home Ownership

IntroducedJune 5, 2025

Introduced1 year ago

Intro

House

Senate

Pres

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 p

Why This Matters

This bill aims to limit the number of single-family homes that one person or company can own to promote fair housing access. It imposes a tax on those who exceed this limit to encourage selling excess properties.

If you own more than 75 single-family homes, you could face a hefty tax on each extra home.

Who this affects

real estate investors · companies with rental properties

What changes is this bill making?

1This bill would stop individuals and companies from owning more than 75 single-family homes.
2If someone owns more than 75 homes, they would pay a tax of $10,000 for each extra home.
3The bill includes exceptions for certain groups, like non-profit organizations and home builders.
4It defines a single-family residence as a property with up to four living units.
5The goal is to prevent excessive ownership of homes by a single entity.

Last changed 25 days ago · checked hourly

Limit on Single-Family Home Ownership

IntroducedJune 5, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Why This Matters

If you own more than 75 single-family homes, you could face a hefty tax on each extra home.

Who this affects

real estate investors · companies with rental properties

What changes is this bill making?

1This bill would stop individuals and companies from owning more than 75 single-family homes.
2If someone owns more than 75 homes, they would pay a tax of $10,000 for each extra home.
3The bill includes exceptions for certain groups, like non-profit organizations and home builders.
4It defines a single-family residence as a property with up to four living units.
5The goal is to prevent excessive ownership of homes by a single entity.

Last changed 25 days ago · checked hourly