Taiwan International Solidarity Act

Senate Bill

S. 2224

119th Congress

Taiwan International Solidarity Act

Placed on Senate Legislative Calendar under General Orders. Calendar No. 237.

Introduced:Jul 9, 2025

Primary Sponsor

Chris Van Hollen

Senator

Democratic

MD

Cosponsors

12

Quick Stats

Policy Area

Taxation

Summary

This bill would prevent owners of 50 or more single-family rental properties from claiming tax deductions for interest paid or property depreciation on those rentals. This aims to make it more difficult for large-scale real estate investors to profit from the single-family housing market.

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held.

SponsorChris Van Hollen (D-MD)

Introduced7/9/2025

StatusPlaced on Senate Legislative Calendar under General Orders. Calendar No. 237.

ChamberSenate

Data from Congress.gov

See this page through your district lens

Enter ZIP to personalize representatives and vote context.

Stay on top of this issue

Subscribe for weekly bill and representative updates.

Vote Prediction

Taiwan International Solidarity Act

This bill would prevent owners of 50 or more single-family rental properties from claiming tax deductions for interest paid or property depreciation on those rentals. This aims to make it more difficult for large-scale real estate investors to profit from the

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill would prevent owners of 50 or more single-family rental properties from claiming tax deductions for interest paid or property depreciation on those rentals. This aims to make it more difficult for large-scale real estate investors to profit from the single-family housing market.

Bill Number: 2224
Sponsor: Chris Van Hollen (D-MD)
Introduced: 7/9/2025
Status: Placed on Senate Legislative Calendar under General Orders. Calendar No. 237.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Taiwan International Solidarity Act
Bill Number: 2224
Sponsor: Chris Van Hollen (D-MD)
Status: Placed on Senate Legislative Calendar under General Orders. Calendar No. 237.
Introduced: 7/9/2025
Summary: This bill would prevent owners of 50 or more single-family rental properties from claiming tax deductions for interest paid or property depreciation on those rentals. This aims to make it more difficult for large-scale real estate investors to profit from the single-family housing market.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would prevent owners of 50 or more single-family rental properties from claiming tax deductions for interest paid or property depreciation on those rentals. This aims to make it more difficult for large-scale real estate investors to profit from the single-family housing market.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Stop Predatory Investing Act This bill denies taxpayers owning 50 or more single family properties any tax deduction for interest paid or accrued in connection with any single family residential rental property. It also disallows depreciation of residential rental property owned by such taxpayers.

Key Points

Main provisions of the bill

Denies tax deductions for interest paid on single-family rental properties owned by taxpayers with 50 or more such properties
Disallows depreciation deductions for residential rental properties owned by taxpayers with 50 or more single-family properties
Targets large-scale real estate investors rather than smaller landlords

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would primarily impact large-scale real estate investors who own a significant number of single-family rental properties. By eliminating key tax deductions, it would make it more financially challenging for these investors to profit from the single-family housing market, potentially leading to changes in investment strategies or a reduction in the number of rental properties they own.

Policy Areas

Primary Policy Area

Taxation

Related Subjects

Income tax deductions

Interest, dividends, interest rates

Real estate business

State and local government operations

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

2224, 119th Congress (2025). "Taiwan International Solidarity Act". Source: Voter's Right Platform. https://votersright.org/bills/118-s-2224

Public Opinions

Community submissions related to this bill.

Share your opinion

No public opinions yet. Be the first to submit one for this bill.

Related Bills in Taxation

HR 1827

Child Care Availability and Affordability Act

Referred to the House Committee on Ways and Means.

HR 2927

All-Americans Tax Relief Act of 2025

Referred to the House Committee on Ways and Means.

HR 2918

Family Business Legacy Act of 2025

Referred to the House Committee on Ways and Means.

S 1481

LOCAL Infrastructure Act

Read twice and referred to the Committee on Finance.