What is the current status of HR 7034?

HR 7034 is currently: Introduced.

Who sponsored HR 7034?

HR 7034 was sponsored by Craig Goldman (R), Rep.

Home Sale Tax Exemption Bill

IntroducedJanuary 13, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

This bill allows homeowners to sell their primary residences without facing limits on how much profit they can exclude from taxes. This change could help many people keep more money when they sell their homes.

If you sell your home, you could keep more of your profit without paying taxes on it.

Who this affects

Homeowners · Primary residence sellers

What changes is this bill making?

1This bill removes the dollar limits on tax exclusions for selling a primary home.
2Homeowners can keep more profit from selling their houses without paying taxes on it.
3It changes the current tax code to allow greater financial benefits for home sellers.
4The changes apply to home sales after the bill becomes law.

Read full document

Last changed 4 months ago · checked hourly

Home Sale Tax Exemption Bill

IntroducedJanuary 13, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

If you sell your home, you could keep more of your profit without paying taxes on it.

Who this affects

Homeowners · Primary residence sellers

What changes is this bill making?

1This bill removes the dollar limits on tax exclusions for selling a primary home.
2Homeowners can keep more profit from selling their houses without paying taxes on it.
3It changes the current tax code to allow greater financial benefits for home sellers.
4The changes apply to home sales after the bill becomes law.

Read full document

Last changed 4 months ago · checked hourly