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S. 2224: Stop Predatory Investing Act

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A bill to amend the Internal Revenue Code of 1986 to deny interest and depreciation deductions for taxpayers owning 50 or more single family properties.

The bill’s titles are written by its sponsor.

Sponsor and status

Sherrod Brown

Sponsor. Senior Senator for Ohio. Democrat.

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Last Updated: Jul 11, 2023
Length: 11 pages
Introduced
Jul 11, 2023
118th Congress (2023–2025)
Status

Introduced on Jul 11, 2023

This bill is in the first stage of the legislative process. It was introduced into Congress on July 11, 2023. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Other activity may have occurred on another bill with identical or similar provisions.

Cosponsors

10 Cosponsors (9 Democrats, 1 Independent)

Prognosis
2% chance of being enacted (details)
Source

History

Jul 11, 2023
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Apr 18, 2024
 
Considered by Senate Committee on Banking, Housing, and Urban Affairs

A committee held a hearing or business meeting about the bill.

If this bill has further action, the following steps may occur next:
 
Passed Committee

 
Passed Senate

 
Passed House

 
Signed by the President

S. 2224 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 2224. This is the one from the 118th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 2224 — 118th Congress: Stop Predatory Investing Act.” www.GovTrack.us. 2023. August 22, 2024 <https://www.govtrack.us/congress/bills/118/s2224>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.