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