Introduced
S. 969
Introduced in Senate · March 28, 2025March 11 (
legislative day
, March 10), 2025
Mr. Warnock (for himself, Ms. Smith, Mr. Wyden, Ms. Baldwin, Ms. Warren, Mr. Gallego, Mr. Reed, Mr. Sanders, Ms. Klobuchar, Mr. Welch, Mr. Blumenthal, and Mr. Booker) introduced the following bill; which was read twice and referred to the Committee on Finance
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Stop Predatory Investing Act”.