HR 8360 · 117th Congress 2021–2023, ended

HOME Act of 2022

Latest action · Jul 13, 2022 Referred to the House Committee on Financial Services.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJul 13, 2022
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Housing Oversight and Mitigating Exploitation Act of 2022 or the HOME Act of 2022

This bill directs the Department of Housing and Urban Development to carry out investigations and other activities to address market manipulation and the role of institutional investors in the pricing of rental units and single-family homes. It also makes it unlawful to rent or sell a dwelling unit or single-family home at an unconscionably excessive and exploitative price during a housing emergency declared by the President.

Cosponsors 14

Members who signed on, in the order they did. Signatures ran from Jul 13, 2022 to Jul 27, 2022; 2 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-PADwight EvansOriginalJul 13, 2022
D-FLKathy CastorOriginalJul 13, 2022
D-FLAl Lawson, Jr.Jul 15, 2022
D-NVDina TitusJul 15, 2022
D-MDKweisi MfumeJul 15, 2022
D-NJBonnie Watson ColemanJul 27, 2022
D-CODiana DeGetteJul 27, 2022
D-OREarl BlumenauerJul 27, 2022
D-GAHenry C. "Hank" Johnson, Jr.Jul 27, 2022
D-ILJesús G. "Chuy" GarcíaJul 27, 2022
D-DELisa Blunt RochesterJul 27, 2022
D-AZRuben GallegoJul 27, 2022
D-OHShontel M. BrownJul 27, 2022
D-NYYvette D. ClarkeJul 27, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jul 13, 2022

Actions 2

Everything that happened, newest first.

  1. Jul 13, 2022Introduced in House
  2. Jul 13, 2022Referred to the House Committee on Financial Services.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 1 of the Constitution of the United States

The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 115, July 13, 2022, page H6336.

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To protect consumers from price-gouging of residential rental and sale prices, and for other purposes.
Short Title(s) as Introduced
HOME Act of 2022
Housing Oversight and Mitigating Exploitation Act of 2022

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 1

Each version as it was printed, newest first.

  1. Jul 13, 2022Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.