To prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes.
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 prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Housing, 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 H1DAE5884A45F432D99041AC5CF43F657: 1. Short title This Act may be cited as the American Neighborhoods Protection Act of 2023.
- Section H307653000CC447EBA64B150A7744CBCB: 2. Excise tax on certain taxpayers failing to sell excess single-family residences Subtitle D of the Internal Revenue Code of 1986 is amended by adding at the...
- Section H02506138A86D4EB2B59A0F4996A01CB2: 5000E. Excess single-family residences There is hereby imposed on each covered taxpayer for each taxable year a tax in an amount equal to the product of—...
- Section H807BF1B06FF04042B64B0AD43CD65A8F: 3. Use of tax revenues for down payment assistance grants Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section HA9CBB53E6B05412A9C862AEE62269476: 9512. Housing Trust Fund There is established in the Treasury of the United States a trust fund to be known as the Housing Trust Fund (hereinafter in this...
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 prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Housing, Transportation
Primary Purpose
This bill, To prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes., 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
Sponsors
Legislative Progress
IntroducedMr. Jackson of North Carolina (for himself and Ms. Adams) …
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_housing_and_urban_development"
- → Secretary of Housing and Urban Development
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