Referred to the House Committee on Ways and Means.
2026-05-07
Currently in
The proposal would give first-time homebuyers a refundable tax credit to help cover costs associated with purchasing a home, meaning they could get money back from the government even if they owe no taxes. This would make homeownership more affordable for people who are buying their first house, particularly those with lower incomes who might struggle to save for down payments and closing costs.