More Homes on the Market Act
Latest action · Feb 13, 2025 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.
- IntroducedFeb 13, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 159
Members who signed on, in the order they did. Signatures ran from Feb 13, 2025 to Oct 19, 2026; 27 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Betty McCollum | Original | Feb 13, 2025 |
| R-PA | Brian K. Fitzpatrick | Original | Feb 13, 2025 |
| D-CO | Brittany Pettersen | Original | Feb 13, 2025 |
| D-NY | Daniel S. Goldman | Original | Feb 13, 2025 |
| R-CA | Darrell Issa | Original | Feb 13, 2025 |
| R-NE | Don Bacon | Original | Feb 13, 2025 |
| D-CA | Eric Swalwell | Original | Feb 13, 2025 |
| D-MI | Hillary J. Scholten | Original | Feb 13, 2025 |
| D-CA | J. Luis Correa | Original | Feb 13, 2025 |
| D-CA | Jim Costa | Original | Feb 13, 2025 |
| R-FL | John H. Rutherford | Original | Feb 13, 2025 |
| D-NJ | Josh Gottheimer | Original | Feb 13, 2025 |
| D-CA | Josh Harder | Original | Feb 13, 2025 |
| D-CA | Julia Brownley | Original | Feb 13, 2025 |
| D-CA | Kevin Mullin | Original | Feb 13, 2025 |
| R-FL | Maria Elvira Salazar | Original | Feb 13, 2025 |
| R-NY | Michael Lawler | Original | Feb 13, 2025 |
| R-PA | Mike Kelly | Original | Feb 13, 2025 |
| R-TX | Monica De La Cruz | Original | Feb 13, 2025 |
| D-CA | Nanette Diaz Barragán | Original | Feb 13, 2025 |
| R-NY | Nicole Malliotakis | Original | Feb 13, 2025 |
| R-IN | Rudy Yakym III | Original | Feb 13, 2025 |
| D-CA | Salud O. Carbajal | Original | Feb 13, 2025 |
| D-CA | Sam T. Liccardo | Original | Feb 13, 2025 |
| D-MI | Shri Thanedar | Original | Feb 13, 2025 |
| D-WA | Suzan K. DelBene | Original | Feb 13, 2025 |
| D-AZ | Yassamin Ansari | Original | Feb 13, 2025 |
| R-CA | Kevin Kiley | Mar 11, 2025 | |
| D-OH | Greg Landsman | Mar 21, 2025 | |
| D-CA | Ted Lieu | Mar 21, 2025 | |
| D-CA | Juan Vargas | Mar 24, 2025 | |
| D-CA | Zoe Lofgren | Mar 25, 2025 | |
| D-NJ | Donald Norcross | Mar 31, 2025 | |
| R-IN | Jefferson Shreve | Mar 31, 2025 | |
| R-IA | Zachary Nunn | Apr 17, 2025 | |
| D-IL | Nikki Budzinski | May 21, 2025 | |
| D-CA | Brad Sherman | May 29, 2025 | |
| D-ME | Chellie Pingree | May 29, 2025 | |
| D-MN | Angie Craig | Jun 3, 2025 | |
| D-KS | Sharice Davids | Jun 3, 2025 | |
| D-AL | Terri A. Sewell | Jun 3, 2025 | |
| D-NJ | Jefferson Van Drew | Jun 4, 2025 | |
| D-OH | Joyce Beatty | Jun 4, 2025 | |
| D-CA | Mike Levin | Jun 4, 2025 | |
| D-FL | Sheila Cherfilus-McCormick | Jun 4, 2025 | |
| D-TX | Henry Cuellar | Jun 5, 2025 | |
| R-GU | James C. Moylan | Jun 5, 2025 | |
| R-CA | Young Kim | Jun 5, 2025 | |
| R-TX | Randy K. Weber, Sr. | Jun 6, 2025 | |
| D-TX | Al Green | Jun 9, 2025 | |
| D-FL | Darren Soto | Jun 9, 2025 | |
| D-GA | David Scott | Jun 9, 2025 | |
| R-WI | Glenn Grothman | Jun 9, 2025 | |
| D-IL | Janice D. Schakowsky | Jun 9, 2025 | |
| D-CO | Joe Neguse | Jun 9, 2025 | |
| R-TX | Wesley Hunt | Jun 9, 2025 | |
| R-TX | Brandon Gill | Jun 10, 2025 | |
| R-KS | Derek Schmidt | Jun 11, 2025 | |
| D-WI | Mark Pocan | Jun 11, 2025 | |
| D-NY | Thomas R. Suozzi | Jun 12, 2025 | |
| R-KS | Tracey Mann | Jun 12, 2025 | |
| D-MA | Lori Trahan | Jun 20, 2025 | |
| R-NJ | Thomas H. Kean, Jr. | Jun 20, 2025 | |
| D-NC | Valerie P. Foushee | Jun 20, 2025 | |
| R-TN | Charles J. "Chuck" Fleischmann | Jun 23, 2025 | |
| R-CA | Ken Calvert | Jun 23, 2025 | |
| R-TX | Craig A. Goldman | Jun 25, 2025 | |
| D-MO | Emanuel Cleaver | Jun 26, 2025 | |
| D-DE | Sarah McBride | Jun 26, 2025 | |
| D-CT | Jahana Hayes | Jun 27, 2025 | |
| R-NJ | Christopher H. Smith | Jun 30, 2025 | |
| D-NC | Donald G. Davis | Jun 30, 2025 | |
| D-NY | George Latimer | Jul 14, 2025 | |
| D-CT | Joe Courtney | Jul 14, 2025 | |
| R-IA | Mariannette Miller-Meeks | Jul 15, 2025 | |
| R-WI | Scott Fitzgerald | Jul 29, 2025 | |
| D-CA | Robert Garcia | Aug 5, 2025 | |
| D-PA | Brendan F. Boyle | Aug 8, 2025 | |
| R-KY | Thomas Massie | Aug 8, 2025 | |
| D-GA | Sanford D. Bishop, Jr. | Aug 15, 2025 | |
| R-MN | Pete Stauber | Aug 22, 2025 | |
| D-IL | Sean Casten | Aug 22, 2025 | |
| D-CA | Gilbert Ray Cisneros, Jr. | Aug 29, 2025 | |
| D-MO | Wesley Bell | Sep 11, 2025 | |
| R-TN | David Kustoff | Sep 15, 2025 | |
| D-ME | Jared F. Golden | Sep 17, 2025 | |
| R-ID | Russ Fulcher | Sep 26, 2025 | |
| D-PR | Pablo José Hernández | Oct 3, 2025 | |
| D-NJ | Nellie Pou | Oct 17, 2025 | |
| D-TX | Julie Johnson | Oct 24, 2025 | |
| D-OH | Emilia Strong Sykes | Nov 17, 2025 | |
| R-PA | Daniel Meuser | Dec 1, 2025 | |
| R-VA | Robert J. Wittman | Dec 3, 2025 | |
| R-PA | Robert P. Bresnahan, Jr. | Dec 19, 2025 | |
| D-CA | Scott H. Peters | Jan 27, 2026 | |
| D-NY | Adriano Espaillat | Feb 2, 2026 | |
| R-GA | Mike Collins | Feb 3, 2026 | |
| R-FL | Aaron Bean | Feb 10, 2026 | |
| R-TX | Beth Van Duyne | Feb 10, 2026 | |
| R-MN | Michelle Fischbach | Feb 10, 2026 | |
| R-TX | Nathaniel Moran | Feb 10, 2026 | |
| D-NV | Steven Horsford | Feb 11, 2026 | |
| R-MI | Tom Barrett | Feb 11, 2026 | |
| R-NY | Claudia Tenney | Feb 12, 2026 | |
| R-PA | Lloyd Smucker | Feb 12, 2026 | |
| R-WV | Carol D. Miller | Feb 23, 2026 | |
| D-HI | Jill N. Tokuda | Feb 23, 2026 | |
| D-IL | Eric Sorensen | Feb 24, 2026 | |
| D-MI | Debbie Dingell | Mar 3, 2026 | |
| R-VA | John J. McGuire III | Mar 9, 2026 | |
| D-FL | Lois Frankel | Mar 30, 2026 | |
| R-OH | Mike Carey | Apr 13, 2026 | |
| D-CA | George Whitesides | Apr 15, 2026 | |
| D-VA | Suhas Subramanyam | Apr 16, 2026 | |
| D-MD | Kweisi Mfume | Apr 20, 2026 | |
| D-DC | Eleanor Holmes Norton | Apr 27, 2026 | |
| D-MD | Sarah Elfreth | May 7, 2026 | |
| R-NC | Gregory F. Murphy | May 14, 2026 | |
| D-VA | James R. Walkinshaw | May 14, 2026 | |
| R-FL | W. Gregory Steube | May 19, 2026 | |
| R-OK | Kevin Hern | May 20, 2026 | |
| R-IL | Darin LaHood | Jun 2, 2026 | |
| D-FL | Debbie Wasserman Schultz | Jun 8, 2026 | |
| D-MA | William R. Keating | Jun 15, 2026 | |
| D-CA | Ami Bera | Jun 18, 2026 | |
| D-NY | Timothy M. Kennedy | Jun 22, 2026 | |
| R-CO | Jeff Hurd | Jun 23, 2026 | |
| D-FL | Kathy Castor | Jun 23, 2026 | |
| R-OH | Max L. Miller | Jun 24, 2026 | |
| D-IL | Danny K. Davis | Jun 25, 2026 | |
| D-CA | Linda T. Sánchez | Jun 25, 2026 | |
| D-CA | Mark DeSaulnier | Jun 25, 2026 | |
| D-NV | Dina Titus | Jun 29, 2026 | |
| D-PA | Dwight Evans | Jun 29, 2026 | |
| D-IN | Frank J. Mrvan | Jun 29, 2026 | |
| R-CO | Jeff Crank | Jun 29, 2026 | |
| R-MS | Michael Guest | Jun 29, 2026 | |
| R-NY | Nicholas A. Langworthy | Jun 29, 2026 | |
| D-NC | Deborah K. Ross | Jun 30, 2026 | |
| R-TN | Matt Van Epps | Jul 2, 2026 | |
| R-MN | Brad Finstad | Jul 6, 2026 | |
| R-CA | Jay Obernolte | Jul 9, 2026 | |
| R-NE | Adrian Smith | Jul 13, 2026 | |
| R-WI | Derrick Van Orden | Jul 13, 2026 | |
| D-CA | Norma J. Torres | Jul 13, 2026 | |
| D-FL | Jared Moskowitz | Jul 20, 2026 | |
| D-WA | Kim Schrier | Jul 20, 2026 | |
| D-CA | Doris O. Matsui | Aug 3, 2026 | |
| D-CA | Lateefah Simon | Aug 3, 2026 | |
| D-NY | Patrick Ryan | Aug 3, 2026 | |
| R-CA | James Gallagher | Aug 13, 2026 | |
| R-PA | John Joyce | Aug 13, 2026 | |
| R-GA | Richard McCormick | Aug 13, 2026 | |
| R-MD | Andy Harris | Aug 24, 2026 | |
| D-CT | John B. Larson | Aug 31, 2026 | |
| D-NY | Josh Riley | Aug 31, 2026 | |
| R-AZ | Juan Ciscomani | Sep 4, 2026 | |
| R-CO | Lauren Boebert | Sep 14, 2026 | |
| D-CA | Jimmy Gomez | Oct 19, 2026 |
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 Feb 13, 2025 |
Actions 2
Everything that happened, newest first.
- Feb 13, 2025Introduced in House
- Feb 13, 2025Referred to the House Committee on Ways and Means.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H5412 | James Gallagher R-CA | Sep 1, 2026 |
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. 171, no. 30, February 13, 2025, page H711.
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. 119-53 | KITCHEN TABLE ISSUES: LOWERING COSTS FOR VETERAN FAMILIES THROUGH THE VA HOME LOAN PROGRAM47 pages | Veterans' Affairs Committee | Mar 26, 2026 |
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 |
|---|---|---|---|
| S 3332 | More Homes on the Market Act | Related bill | Dec 3, 2025 |
| HR 6900 | American Affordability Act of 2025 | Related bill | Dec 18, 2025 |
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.
- Feb 13, 2025Introduced 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.
