No Tax on Home Sales Act
Cosponsors (7)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
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.
2026-01-21
Source: Congress.gov
Committee Activity
Currently in
- House Committee on Ways and MeansReferred To · 2025-07-10
Previously
- Ways and Means CommitteeReferred To · 2025-07-10
Plain-English Summary
This bill would eliminate federal income taxes on profits people make when they sell their homes, regardless of how much money they gain from the sale. Currently, homeowners can exclude up to $250,000 (or $500,000 for married couples) in profits from taxes, but this bill would remove that cap entirely, allowing anyone to sell their home tax-free. The change would primarily benefit homeowners, particularly those in high-cost housing markets who sell for large profits.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.