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IntroducedJan 16, 2026
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Passed House
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Passed Senate
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Became Law
To amend the Internal Revenue Code of 1986 to disallow the deduction of certain expenses relating to ownership of single-family homes by specified large investors, to impose an excise tax on the sale of such homes by such investors, and to prohibit Federal mortgage assistance relating to certain large investors.
Last Action See all actions
House • Jan 16, 2026: Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
Comments on HR 7138
Tweets
Whip Lists
Sponsors
- Rep. Watson Coleman, Bonniecosponsor


- Rep. Jackson, Jonathan L.cosponsor
- Rep. Simon, Lateefahcosponsor
- Rep. Takano, Markcosponsor
- Rep. Frost, Maxwellcosponsor
- Rep. Tlaib, Rashidacosponsor
- Rep. Tokuda, Jill N.cosponsor
- Rep. Lee, Summer L.cosponsor
- Rep. Kelly, Robin L.cosponsor
- Rep. Cherfilus-McCormick, Sheilacosponsor
- Rep. Thanedar, Shricosponsor
Votes
Actions
- Jan 16, 2026 | House
- Introduced in House
- Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill Texts
Documents
