S. 934
Introduced in Senate · March 28, 2025March 11 (
legislative day
, March 10), 2025
Ms. Warren (for herself, Mr. Warnock, Mr. Markey, Mr. Sanders, Ms. Hirono, Mr. Welch, Mr. Blumenthal, Mr. Van Hollen, and Mr. Kim) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To make housing more affordable, and for other purposes.
1. Short title; table of contents; TITLE I—MAKING HOUSING MORE AFFORDABLE; 101. Local housing innovation grants; 102. Investing in affordable housing infrastructure; 103. Conditions for the sale of real estate-owned properties and non-performing loans; TITLE II—TAKING THE FIRST STEPS TO REVERSE THE LEGACY OF HOUSING DISCRIMINATION AND GOVERNMENT NEGLIGENCE; 201. Down payment assistance program for first-time, first-generation homebuyers; 202. Formula grant program for communities with an appraisal gap; 203. Strengthening the Community Reinvestment Act of 1977; 204. Amendments relating to credit union service to underserved areas; 205. Raising public welfare caps; 206. Temporary eligibility of certain direct descendants of certain veterans for housing loans guaranteed by the Secretary of Veterans Affairs; TITLE III—REMOVING BARRIERS THAT ISOLATE COMMUNITIES; 301. Expanding rights under the Fair Housing Act; 302. Improving outcomes in housing assistance programs; TITLE IV—ESTATE TAX REFORM; 401. Amendment to Internal Revenue Code of 1986; 402. Rate adjustment; 403. Required minimum 10-year term, etc., for grantor retained annuity trusts; 404. Certain transfer tax rules applicable to grantor trusts; 405. Elimination of generation-skipping transfer tax exemption for transfers to certain persons; 406. Simplifying gift tax exclusion for annual gifts; 407. Clarification regarding disallowance of step-up in basis for property held in certain grantor trusts; 408. Limitation on discounts; valuation rules for certain transfers of nonbusiness assets; 409. Surcharge on high income estates and trusts; 410. Modification of rules for value of certain farm, etc., real property; 411. Modification of estate tax rules with respect to land subject to conservation easements; TITLE V—ACCESSIBILITY REQUIREMENTS; 501. Accessibility requirements