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US HB4327
Bill
Status
7/10/2025
Primary Sponsor
Marjorie Greene
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AI Summary
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Eliminates the current $250,000 ($500,000 for married couples) cap on tax-free capital gains from selling a principal residence under Internal Revenue Code Section 121
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Allows homeowners to exclude unlimited capital gains from federal income tax when selling their primary home, regardless of profit amount
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Amends Section 121(b) by striking the dollar limitation paragraphs and making conforming changes to related provisions
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Applies to all home sales and exchanges occurring after the date of enactment
Legislative Description
No Tax on Home Sales Act
Taxation
Last Action
ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
1/21/2026