S3561-118

Introduced

To protect consumers from price gouging of residential rental and sale prices, and for other purposes.

118th Congress Introduced Jan 9, 2024

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 protect consumers from price gouging of residential rental and sale prices, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies. The main policy domain is Housing, Finance, Government Operations.

Who Benefits and How

homeowners, renters, builders, and housing agencies 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, homeowners, renters, builders, and housing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H9AB170A7F22D49F79A40E37EA30A17E1: 1. Short title This Act may be cited as the Housing Oversight and Mitigating Exploitation Act of 2024 or the HOME Act of 2024.
  • Section H3B8D76BB064F44F58074D0C42D4BCDF8: 2. Definitions In this Act: The term affordable housing crisis period means the period during which the prohibition under section 3(a)(1) applies in the United...
  • Section HE432B129CD134FB7837B5EF6B963F24B: 3. Unconscionable pricing of residential rental and sale prices during affordable housing crises If the Secretary publishes in the Federal Register a...
  • Section H94C71EEF96F04A00B223346E40CF2465: 4. HUD investigation and report on housing prices The Secretary shall conduct an investigation to determine if the prices for rental housing units or sale of...
  • Section H362A9916D4F24DF0B05F83770BB6FB14: 5. Housing cost monitoring and enforcement within HUD The Secretary shall establish within the Department of Housing and Urban Development the Housing...

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 protect consumers from price gouging of residential rental and sale prices, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Key Policy Areas

Housing, Finance, Government Operations

Primary Purpose

This bill, To protect consumers from price gouging of residential rental and sale prices, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Policy Domains

Housing Finance Government Operations

Whole bill

Identified Gains
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
homeowners, renters, builders, and housing agencies:
Identified Costs
  • federal implementing agencies
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
homeowners, renters, builders, and housing agencies:

Legislative Progress

Introduced
Introduced Committee Passed
Jan 9, 2024

Ms. Rosen introduced the following bill; which was read twice …

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?

Domains
Housing Finance Government Operations
Actor Mappings
"the_commission"
→ The commission identified in the operative 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