HOPE (Humans over Private Equity) for Homeownership Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Latest action
- Feb 26, 2026
What it does
The HOPE (Humans over Private Equity) for Homeownership Act would impose a 15% excise tax on hedge fund taxpayers acquiring single-family residences (1-to-4 unit properties) after enactment, disallow certain tax deductions (mortgage interest, depreciation, and qualified business income) for hedge fund taxpayers engaged in renting or leasing such properties, and increase the corporate surtax by 5 percentage points for qualifying hedge fund corporations. The bill defines hedge fund taxpayers as entities managing pooled investor funds with $50 million or more in assets under management and acting as fiduciaries, excluding tax-exempt charities and builders/developers selling homes in the…
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one 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
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Where it goes next
While a bill can still move, the questions are about people and money.