HR 1321 · 118th Congress · Taxation

More Homes on the Market Act

Introduced 2023-03-01· Sponsored by Rep. Panetta, Jimmy [D-CA-19]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

12 Democrats8 Republicans
Rep. Kelly, Mike [R-PA-16]PA
Rep. Swalwell, Eric [D-CA-14]CA
Rep. Kiley, Kevin [R-CA-3]CA
Rep. Sherman, Brad [D-CA-32]CA
Rep. Reschenthaler, Guy [R-PA-14]PA
Rep. Gottheimer, Josh [D-NJ-5]NJ
Rep. Kim, Young [R-CA-40]CA
Rep. Eshoo, Anna G. [D-CA-16]CA
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Brownley, Julia [D-CA-26]CA
Rep. Garcia, Mike [R-CA-27]CA
Rep. Costa, Jim [D-CA-21]CA
Rep. Lawler, Michael [R-NY-17]NY
Rep. Lofgren, Zoe [D-CA-18]CA
Rep. Steel, Michelle [R-CA-45]CA
Rep. Moskowitz, Jared [D-FL-23]FL
Rep. Scholten, Hillary J. [D-MI-3]MI
Rep. Mullin, Kevin [D-CA-15]CA
Rep. Levin, Mike [D-CA-49]CA
Rep. Porter, Katie [D-CA-47]CA