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- H.R.5078
H.R.5078: First Time Homeowner Savings Plan Act
About This Bill
- Introduced Aug. 23, 2021
- Latest Major Action Aug. 23, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in House - Aug. 23, 2021
Bill Summary
First Time Homeowner Savings Plan Act This bill increases from $10,000 to $25,000 the aggregate amount a taxpayer may withdraw, without penalty, from a tax-exempt retirement plan as a first-time homebuyer distribution.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Aug. 23, 2021 |
Referred to the House Committee on Ways and Means.
|
Aug. 23, 2021 |
Introduced in the House by Sean Patrick Maloney (D-N.Y.) |