Owners with 50 or more single-family rental homes would lose some tax deductions. They could keep those deductions in a sale year only if they sell to an owner-occupant or a qualified nonprofit housing group.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Stop Predatory Investing Act is a Senate bill committee Action. The latest recorded action: Read twice and referred to the Committee on Finance.
Latest action on S. 969: Read twice and referred to the Committee on Finance.
Who this affects: This bill mainly affects large owners of single-family rental homes. It also affects real estate firms that use several related companies or partnerships, because those properties may be counted together. Homebuyers and nonprofit housing groups could matter more as buyers, since sales to them can restore the tax deductions for the sale year.
Why this matters: This bill could change the math for large investors that buy and hold rental homes. Losing interest and depreciation deductions could raise their tax bills. That may make some large rental portfolios less attractive. The bill also gives owners a tax reason to sell homes to people who will live in them or to qualified nonprofit housing groups. The bill does not say what would happen to rents, home prices, or housing supply.
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Officially: Stop Predatory Investing Act
Owners with 50 or more single-family rental homes would lose some tax deductions. They could keep those deductions in a sale year only if they sell to an owner-occupant or a qualified nonprofit housing group.
Use this page to support, oppose, or ask Congress to amend S969. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Finance
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Finance. (3/11/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
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The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Stop Predatory Investing Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (Committee Action), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S969, your stance, and the reasons you choose, then lets you edit and send when ready.
