Stop Wall Street Landlords Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 18
- Latest action
- Jan 16, 2026
What it does
The Stop Wall Street Landlords Act of 2026 would amend the Internal Revenue Code to disallow tax deductions for mortgage interest, insurance, and depreciation on single-family homes owned by specified large investors—defined as individuals or entities with over $100 million in net assets—and impose an excise tax equal to the sale price on transfers of such homes by these investors. It also prohibits Fannie Mae, Freddie Mac, and Ginnie Mae from purchasing, lending on, or guaranteeing mortgages where the borrower is a specified large investor. Revenues from the excise tax would be deposited into the Housing Trust Fund to support affordable rental housing for extremely low- and very low-income…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.