Ro Khanna (D-CA)

Stop Private Equity Harms Resolution

H.Res. 1207 · House resolution Finance and Financial Sector

A Democratic resolution with no cosponsors

Last activity — Referred to the House Committee on Financial Services.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

A House resolution is the House speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the House agrees to it, it is officially the House's word; it is not a law, so the Senate and the President have no part in it.

What this bill would do

This resolution, titled the "Stop Private Equity Harms Resolution," expresses support for protecting Americans from the negative effects of private equity ownership. The text argues that large institutional investors are acquiring essential services like housing, child care, healthcare, energy, and nursing homes. This ownership is cited as a driver for increased prices, reduced quality, and fewer choices for families. The resolution calls for a comprehensive plan to address these issues across multiple sectors. Specifically, it seeks to improve safety standards, increase transparency, and stop the use of taxpayer dollars to subsidize these investments.

Yes· 3 of 16

  • Scored +7

    Would households on low incomes be better off under this?

    The resolution targets protections for affordable housing and essential service costs that impact low-income families.

  • Scored +7

    Does this make child care cost less?

    The resolution advocates for protecting child care from private equity ownership to maintain affordability and quality.

  • Scored +7

    Does this make housing cost less?

    The resolution seeks to stop institutional investors from using taxpayer money to buy single-family homes and protects tenants' rights.

The opposite

No question was scored the opposite.