S. 2224 · 118th Congress · Senate

Stop Predatory Investing Act

Active· Committee on Banking, Housing, and Urban Affairs. Hearings held.
Introduced
Jul 11, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Stop Predatory Investing Act

This bill denies taxpayers owning 50 or more single family properties any tax deduction for interest paid or accrued in connection with any single family residential rental property. It also disallows depreciation of residential rental property owned by such taxpayers.

Action Timeline

3
  1. APR 18, 2024Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

  2. JUL 11, 2023IntroReferral

    Introduced in Senate

  3. JUL 11, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

2

Banking, Housing, and Urban Affairs Committee

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Referred: Apr 18, 2024

Active

Finance Committee

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Referred: Jul 11, 2023

Active