← Back to Bills
HR 9958118th CongressFailed / ExpiredHouse

HOMES Act of 2024

Policy Area: Taxation
View on Congress.gov
Origin Chamber
House
Last Updated
Dec 16, 2024
Latest Action Date
Oct 11, 2024

Latest Action

Referred to the House Committee on Ways and Means.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The HOMES Act of 2024 (H.R. 9958) is a bill introduced in the 118th Congress, originating in the House of Representatives. It falls under the policy area of Taxation. As of the latest update on October 11, 2024, the bill was referred to the House Committee on Ways and Means. The bill's full text and official summary are not publicly available, and it is currently classified as Failed / Expired, indicating it did not advance to become law during this congressional session.

Bottom Line

H.R. 9958, the HOMES Act of 2024, is a taxation-related bill that was introduced but did not progress beyond committee referral and ultimately expired without enactment.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill was introduced in the House during the 118th Congress.
  • It is categorized under the policy area of Taxation.
  • The latest legislative action was referral to the House Committee on Ways and Means on October 11, 2024.
  • The bill status is Failed / Expired, indicating no further legislative progress.
  • No official summary or full text is available to detail specific provisions.
Who Benefits?

Due to the absence of the bill's text and summary, it is not possible to identify specific beneficiaries. Generally, bills in the Taxation policy area may affect taxpayers, government agencies involved in tax administration, and potentially specific industries or demographic groups depending on the provisions.

Potential Concerns

Without access to the bill's text or summary, potential concerns cannot be specifically identified. Common considerations for taxation bills include implementation complexity, fiscal impact, administrative authority, oversight mechanisms, and policy tradeoffs between revenue generation and economic effects.

Political Context

The bill was introduced during the 118th Congress and referred to the House Committee on Ways and Means, the primary committee responsible for taxation legislation. Its failure to advance beyond committee referral suggests it did not gain sufficient legislative support or priority within the session.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

Given the lack of detailed content, indirect effects cannot be specifically identified. Generally, taxation bills may influence economic behavior, government revenue streams, and administrative workload for tax authorities.

GovScope Watchdog Notes

The absence of an official summary and full bill text limits transparency and public oversight. Additionally, the bill's failure to advance beyond committee referral highlights the importance of tracking legislative progress to understand which proposals are actively considered. Improved access to bill content is essential for informed public and stakeholder engagement.

Passage Likelihood: LowConfidence: 60%Model: gpt-4.1-mini

GovScope Intelligence Roadmap

Future bill intelligence will connect sponsors, committee referrals, related votes, campaign finance, disclosures, and stock trades into one legislative intelligence view.

Enterprise Ready