HR. 1340In Committee
More Homes on the Market Act
Increases the federal tax exclusion for gains from selling a principal residence and indexes the exclusion amounts for inflation
Plain-English overview
What this bill does
Increases the federal tax exclusion for gains from selling a principal residence and indexes the exclusion amounts for inflation
Key points
- Require inflation adjustments
- Increase home sale gain exclusion
Current status
Where it stands
Status
In Committee
Latest action
2025-02-13 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation