More Homes on the Market Act
Latest action · Mar 1, 2023 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 1, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
More Homes on the Market Act
This bill increases the tax exclusion of gain from the sale of a principal residence and requires an annual inflation adjustment to such increased amount.
Cosponsors 71
Members who signed on, in the order they did. Signatures ran from Mar 1, 2023 to Nov 15, 2024; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-PA | Mike Kelly | Original | Mar 1, 2023 |
| D-CA | Eric Swalwell | Mar 9, 2023 | |
| R-CA | Kevin Kiley | Mar 9, 2023 | |
| D-CA | Brad Sherman | Apr 6, 2023 | |
| R-PA | Guy Reschenthaler | Apr 6, 2023 | |
| D-NJ | Josh Gottheimer | May 5, 2023 | |
| R-CA | Young Kim | May 15, 2023 | |
| D-CA | Anna G. Eshoo | May 17, 2023 | |
| R-PA | Brian K. Fitzpatrick | May 17, 2023 | |
| D-CA | Jim Costa | May 30, 2023 | |
| D-CA | Julia Brownley | May 30, 2023 | |
| R-NY | Michael Lawler | May 30, 2023 | |
| R-CA | Mike Garcia | May 30, 2023 | |
| R-CA | Michelle Steel | May 31, 2023 | |
| D-CA | Zoe Lofgren | May 31, 2023 | |
| D-MI | Hillary J. Scholten | Jul 26, 2023 | |
| D-FL | Jared Moskowitz | Jul 26, 2023 | |
| D-CA | Katie Porter | Jul 26, 2023 | |
| D-CA | Kevin Mullin | Jul 26, 2023 | |
| D-CA | Mike Levin | Jul 26, 2023 | |
| R-NY | Andrew R. Garbarino | Aug 22, 2023 | |
| D-CA | Ted Lieu | Aug 22, 2023 | |
| D-NC | Donald G. Davis | Sep 18, 2023 | |
| R-CA | Jay Obernolte | Sep 18, 2023 | |
| D-CA | Josh Harder | Sep 18, 2023 | |
| D-CA | Nanette Diaz Barragán | Sep 18, 2023 | |
| R-CA | Ken Calvert | Sep 27, 2023 | |
| D-CO | Brittany Pettersen | Sep 29, 2023 | |
| D-MN | Angie Craig | Oct 17, 2023 | |
| D-IL | Sean Casten | Oct 17, 2023 | |
| R-CA | Darrell Issa | Nov 7, 2023 | |
| D-CA | Adam B. Schiff | Nov 28, 2023 | |
| D-CO | Yadira Caraveo | Nov 28, 2023 | |
| R-NY | Marcus J. Molinaro | Dec 6, 2023 | |
| D-NC | Wiley Nickel | Feb 5, 2024 | |
| D-CA | J. Luis Correa | Mar 11, 2024 | |
| D-DC | Eleanor Holmes Norton | Apr 15, 2024 | |
| D-ME | Chellie Pingree | Apr 26, 2024 | |
| D-NY | Thomas R. Suozzi | Apr 26, 2024 | |
| D-CA | Salud O. Carbajal | May 6, 2024 | |
| D-TX | Al Green | May 7, 2024 | |
| D-NJ | Donald Norcross | May 7, 2024 | |
| D-MO | Emanuel Cleaver | May 7, 2024 | |
| D-CT | Joe Courtney | May 7, 2024 | |
| D-MN | Betty McCollum | May 15, 2024 | |
| D-NY | Daniel S. Goldman | May 15, 2024 | |
| R-FL | Maria Elvira Salazar | May 15, 2024 | |
| R-GA | Richard McCormick | May 15, 2024 | |
| D-MI | Haley M. Stevens | May 17, 2024 | |
| D-CT | Jahana Hayes | May 17, 2024 | |
| R-TX | Monica De La Cruz | May 17, 2024 | |
| R-TN | David Kustoff | May 22, 2024 | |
| R-AZ | Debbie Lesko | May 22, 2024 | |
| R-FL | Gus M. Bilirakis | May 22, 2024 | |
| R-FL | John H. Rutherford | May 22, 2024 | |
| R-NY | Nick LaLota | May 24, 2024 | |
| R-NE | Don Bacon | May 31, 2024 | |
| D-NC | Kathy E. Manning | Jun 4, 2024 | |
| D-KS | Sharice Davids | Jun 13, 2024 | |
| R-IL | Darin LaHood | Jun 28, 2024 | |
| D-OH | Greg Landsman | Jul 8, 2024 | |
| D-PA | Matt Cartwright | Jul 10, 2024 | |
| D-NY | Patrick Ryan | Aug 20, 2024 | |
| D-MD | David J. Trone | Sep 9, 2024 | |
| D-WA | Suzan K. DelBene | Sep 9, 2024 | |
| D-NJ | Jefferson Van Drew | Sep 23, 2024 | |
| D-CA | Barbara Lee | Oct 1, 2024 | |
| D-NJ | Frank Pallone, Jr. | Oct 15, 2024 | |
| R-TX | Nathaniel Moran | Oct 15, 2024 | |
| D-NV | Dina Titus | Oct 29, 2024 | |
| D-CA | Juan Vargas | Nov 15, 2024 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Mar 1, 2023 |
Actions 2
Everything that happened, newest first.
- Mar 1, 2023Introduced in House
- Mar 1, 2023Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 39, March 1, 2023, page H1052.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 118-4 | PRESIDENT BIDEN'S FISCAL YEAR 2024 BUDGET REQUEST WITH TREASURY SECRETARY YELLEN177 pages | Ways and Means Committee | Mar 10, 2023 |
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| RL32978 | The Exclusion of Capital Gains for OwnerOccupied Housing | Report | Aug 6, 2025 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 9015 | More Homes on the Market Act | Reintroduction of | Sep 28, 2022 |
| HR 10009 | Revitalizing America’s Housing Act | Related bill | Oct 18, 2024 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to increase the exclusion of gain from the sale of a principal residence, and for other purposes.
- Short Title(s) as Introduced
- More Homes on the Market Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 1, 2023Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
