Bill
Bill > HR8360
summary
Introduced
07/13/2022
07/13/2022
In Committee
07/13/2022
07/13/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To protect consumers from price-gouging of residential rental and sale prices, and for other purposes.
AI Summary
This bill, the Housing Oversight and Mitigating Exploitation (HOME) Act of 2022, aims to protect consumers from price-gouging of residential rental and sale prices during housing emergencies. It empowers the President to issue a housing emergency proclamation, making it unlawful for any person to rent or sell housing at unconscionably excessive prices that exploit the circumstances. The bill also requires the Secretary of Housing and Urban Development (HUD) to investigate and report on potential manipulation or artificial inflation of housing prices, and establishes a Housing Monitoring and Enforcement Unit within HUD to continuously monitor rental and single-family housing markets. Additionally, the bill directs the Secretary to investigate excessive purchases of single-family housing by individual or institutional investors.
Committee Categories
Business and Industry
Sponsors (15)
Steven Horsford (D)*,
Earl Blumenauer (D),
Lisa Blunt Rochester (D),
Shontel Brown (D),
Kathy Castor (D),
Yvette Clarke (D),
Diana DeGette (D),
Dwight Evans (D),
Ruben Gallego (D),
Chuy García (D),
Hank Johnson (D),
Al Lawson (D),
Kweisi Mfume (D),
Dina Titus (D),
Bonnie Watson Coleman (D),
Last Action
Referred to the House Committee on Financial Services. (on 07/13/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/8360/all-info | 07/14/2022 |
| BillText | https://www.congress.gov/117/bills/hr8360/BILLS-117hr8360ih.pdf | 07/21/2022 |
| Bill | https://www.congress.gov/117/bills/hr8360/BILLS-117hr8360ih.pdf.pdf | 07/21/2022 |
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