U.S. House · 119th Congress · H.R. 7185
Home Savings Act
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.
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- Sponsor
- John J. McGuire IIIR-VA-5
- Introduced
- January 21, 2026, in the House
- Issue areas
- Policy area
- Taxation (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (5)
5 Republicans. Each member is shown with the party they were counted with on the day they signed on. How we count these
Signed on later
- Randy K. Weber, Sr.R-TX-14January 30, 2026
- Mike CollinsR-GA-10February 11, 2026
- Pat HarriganR-NC-10February 20, 2026
- Jeff CrankR-CO-5February 23, 2026
- Jefferson Van DrewR-NJ-2April 9, 2026