119th Congress
H.R. 7185
Home Savings Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- John J. McGuire III(R-VA)
- Introduced
- Jan 21, 2026
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (5)
Added later (5)
- Randy K. Weber, Sr. (R-TX) · Jan 30, 2026
- Mike Collins (R-GA) · Feb 11, 2026
- Pat Harrigan (R-NC) · Feb 20, 2026
- Jeff Crank (R-CO) · Feb 23, 2026
- Jefferson Van Drew (R-NJ) · Apr 9, 2026
Summary
No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.
Official title: To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.
Latest action(Jan 21, 2026): Referred to the House Committee on Ways and Means.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 21, 2026 · House
Referred to the House Committee on Ways and Means. - Jan 21, 2026
Introduced in House