To reduce the excessive appreciation of United States residential real estate due to foreign purchases.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To reduce the excessive appreciation of United States residential real estate due to foreign purchases., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HCDCFF4093D23403E91D6A7360FD4A59C: 1. Short title This Act may be cited as the Home Advantage for American Families Act.
- Section HCDA6E195024545CBBAB478FFD0B5DB7D: 2. Expansion of tools to combat money laundering Subchapter II of chapter 53 of title 31, United States Code, is amended by adding at the end the following:...
- Section H314BAB58ECC9474D95553063BB97907F: 5337. Reports on applicable residential property In this section: The term applicable residential property means property described in section 1445(f) of the...
- Section HCD4C6C4EBE2F4D848B0EE08C7A11213C: 3. Increased withholding on sale disposition of certain United States real property interests Section 1445 of the Internal Revenue Code of 1986 is amended by...
- Section H60A2C8B7544743CEB502984748220F58: 4. Increase in low-income housing tax credit State ceiling Section 42(h)(3)(C) of the Internal Revenue Code of 1986 is amended by striking plus at the end of...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To reduce the excessive appreciation of United States residential real estate due to foreign purchases., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Transportation
Primary Purpose
This bill, To reduce the excessive appreciation of United States residential real estate due to foreign purchases., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Legislative Progress
IntroducedMs. Salazar introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology