County:

Neutral Bill Mar 16, 2026

More Homes on the Market Act

More Homes on the Market Act This bill increases the amount of gain from the sale of a principal residence that an individual may exclude from gross income (for federal tax purposes). Under the bill, an individual may exclude from gross income gain from the sale of a principal residence of up to $500,000 (currently $250,000), and taxpayers who are married and file a joint federal income tax return may exclude up to $1 million (currently $500.000). The bill also requires these amounts to be adjusted annually for inflation.

https://www.congress.gov/bill/119th-congress/house-bill/1340

Aaron Bean U.S. Representative Debbie Dingell U.S. Representative Cosponsor Michelle Fischbach U.S. Representative Cosponsor John McGuire U.S. Representative Cosponsor Lloyd Smucker U.S. Representative Cosponsor Eric Sorensen U.S. Representative Cosponsor Beth Van Duyne U.S. Representative Cosponsor Lois Frankel U.S. Representative Cosponsor Kweisi Mfume U.S. Representative Cosponsor George Whitesides U.S. Representative Cosponsor James Walkinshaw U.S. Representative Cosponsor Sarah Elfreth U.S. Representative Cosponsor Gregory Murphy U.S. Representative Cosponsor W Steube U.S. Representative Cosponsor Kevin Hern U.S. Representative Cosponsor Timothy Kennedy U.S. Representative Cosponsor Kathy Castor U.S. Representative Cosponsor Darin LaHood U.S. Representative Cosponsor Jeff Hurd U.S. Representative Cosponsor Max Miller U.S. Representative Cosponsor Danny Davis U.S. Representative Cosponsor Mark DeSaulnier U.S. Representative Cosponsor Linda Sánchez U.S. Representative Cosponsor William Keating U.S. Representative Cosponsor Ami Bera U.S. Representative Cosponsor Jeff Crank U.S. Representative Cosponsor Dwight Evans U.S. Representative Cosponsor Michael Guest U.S. Representative Cosponsor Nicholas Langworthy U.S. Representative Cosponsor Frank J Mrvan U.S. Representative Cosponsor Dina Titus U.S. Representative Cosponsor Matt Van Epps U.S. Representative Cosponsor Brad Finstad U.S. Representative Cosponsor Jay Obernolte U.S. Representative Cosponsor Adrian Smith U.S. Representative Cosponsor Norma Torres U.S. Representative Cosponsor Derrick Van Orden U.S. Representative Cosponsor Jared Moskowitz U.S. Representative Cosponsor Kim Schrier U.S. Representative Cosponsor Doris Matsui U.S. Representative Cosponsor Patrick Ryan U.S. Representative Cosponsor Lateefah Simon U.S. Representative Cosponsor John Joyce U.S. Representative Cosponsor Rich McCormick U.S. Representative Cosponsor Andy Harris U.S. Representative Cosponsor John Larson U.S. Representative Cosponsor Josh Riley U.S. Representative Cosponsor Juan Ciscomani U.S. Representative Cosponsor Lauren Boebert U.S. Representative Cosponsor Jimmy Gomez U.S. Representative Cosponsor

Taxation

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