What does Preamble of S 3754 do?

This bill aims to amend the Internal Revenue Code of 1986 It proposes a tax on the purchase of single-family homes by certain large investors The bill was introduced to the Senate and referred to the Committee on Finance

What does SHORT TITLE. of S 3754 do?

This Act is assigned a short title.

What does TAX ON CERTAIN INVESTOR PURCHASES OF SINGLE-FAMILY HOMES. of S 3754 do?

This section imposes a tax on certain investor purchases of single-family homes. The tax applies to covered investors, defined as medium-sized, large, or giant investors. The applicable percentage of the tax ranges from 1% to 5% based on the investor's size. Exceptions to the tax include organizations exempt from taxation under section 501(a) and certain government entities. Covered investors must report the number of single-family homes owned and purchased during the taxable year.

What does REVENUES. of S 3754 do?

This section outlines the allocation of revenues resulting from the tax imposed by section 4499 of the Internal Revenue Code of 1986. 65 percent of these revenues will be allocated to the Secretary of Housing and Urban Development. These funds will be used to provide additional funding for the Housing Trust Fund. 35 percent of these revenues will be allocated to provide additional funding for the Capital Magnet Fund.

What does HOUSING TRUST FUND SMALL STATE MINIMUM. of S 3754 do?

This section amends Section 1338(c)(4)(C) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 The amendment replaces '$3,000,000' with '1.1 percent of amounts made available under this subsection in a fiscal year' The change applies to the HOUSING TRUST FUND SMALL STATE MINIMUM

Back to bills

Affordable Housing and Homeownership Protection Act of 2026 — S. 3754

Last updated: 1/30/2026 · Introduced: 1/30/2026

Author: John Reed (D-RI)

TL;DR (AI)

This bill establishes a tax ranging from 1% to 5% on purchases of single-family homes by large investors, defined as medium-sized, large, or giant investors.
The revenue generated from this tax will be allocated, with 65% going to the Housing Trust Fund and 35% to the Capital Magnet Fund.
The bill modifies the minimum funding allocation for small states within the Housing Trust Fund, changing it from a fixed amount to a percentage of available funds.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 3 more.

5 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account