House bill · H.R. 1340 (119th Congress)
More Homes on the Market Act
U.S. House of Representatives
Sponsor: Jimmy Panetta (U.S. Representative, CA-19, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
More Homes on the Market Act This bill increases the amount of gain from the sale of a principal residence that an individual may exclude from gross income (for federal tax purposes). Under the bill, an individual may exclude from gross income gain from the sale of a principal residence of up to $500,000 (currently $250,000), and taxpayers who are married and file a joint federal income tax return may exclude up to $1 million (currently $500.000). The bill also requires these amounts to be adjusted annually for inflation.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
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Cosponsors
147
Showing the 142 who are on Agora, A to Z. Congress.gov listed 147 as of Jul 31, 2026.
See all cosponsors on Congress.gov (opens in a new tab)- Democratic82
- Republican59
- Other1
This bill has cosponsors from more than one party.
Party is shown for the 142 cosponsors who are on Agora.
Shown in neutral colors by design; Agora is non-partisan.
- Aaron Bean
- Adrian Smith
- Adriano Espaillat
- Al Green
- Ami Bera
- Angie Craig
- Beth Van Duyne
- Betty McCollum
- Brad Finstad
- Brad Sherman
- Brandon Gill
- Brendan F. Boyle
Show the full list (142 names)Show fewer cosponsors
- Brian K. Fitzpatrick
- Brittany Pettersen
- Carol D. Miller
- Charles J. "Chuck" Fleischmann
- Chellie Pingree
- Christopher H. Smith
- Claudia Tenney
- Craig A. Goldman
- Daniel Meuser
- Daniel S. Goldman
- Danny K. Davis
- Darin LaHood
- Darrell Issa
- Darren Soto
- David Kustoff
- Debbie Dingell
- Debbie Wasserman Schultz
- Deborah K. Ross
- Derek Schmidt
- Derrick Van Orden
- Dina Titus
- Don Bacon
- Donald G. Davis
- Donald Norcross
- Dwight Evans
- Eleanor Holmes Norton
- Emanuel Cleaver
- Emilia Strong Sykes
- Eric Sorensen
- Frank J. Mrvan
- George Latimer
- George Whitesides
- Gilbert Ray Cisneros, Jr.
- Glenn Grothman
- Greg Landsman
- Gregory F. Murphy
- Henry Cuellar
- Hillary J. Scholten
- J. Luis Correa
- Jahana Hayes
- James R. Walkinshaw
- Janice D. Schakowsky
- Jared F. Golden
- Jared Moskowitz
- Jay Obernolte
- Jeff Crank
- Jeff Hurd
- Jefferson Shreve
- Jefferson Van Drew
- Jill N. Tokuda
- Jim Costa
- Joe Courtney
- Joe Neguse
- John H. Rutherford
- John J. McGuire III
- Josh Gottheimer
- Josh Harder
- Joyce Beatty
- Juan Vargas
- Julia Brownley
- Julie Johnson
- Kathy Castor
- Ken Calvert
- Kevin Hern
- Kevin Kiley
- Kevin Mullin
- Kim Schrier
- Kweisi Mfume
- Linda T. Sánchez
- Lloyd Smucker
- Lois Frankel
- Lori Trahan
- Maria Elvira Salazar
- Mariannette Miller-Meeks
- Mark DeSaulnier
- Mark Pocan
- Matt Van Epps
- Max L. Miller
- Michael Guest
- Michael Lawler
- Michelle Fischbach
- Mike Carey
- Mike Collins
- Mike Kelly
- Mike Levin
- Monica De La Cruz
- Nanette Diaz Barragán
- Nathaniel Moran
- Nellie Pou
- Nicholas A. Langworthy
- Nicole Malliotakis
- Nikki Budzinski
- Norma J. Torres
- Pete Stauber
- Randy K. Weber, Sr.
- Robert Garcia
- Robert J. Wittman
- Robert P. Bresnahan, Jr.
- Rudy Yakym III
- Russ Fulcher
- Salud O. Carbajal
- Sam T. Liccardo
- Sanford D. Bishop, Jr.
- Sarah Elfreth
- Sarah McBride
- Scott Fitzgerald
- Scott H. Peters
- Sean Casten
- Sharice Davids
- Shri Thanedar
- Steven Horsford
- Suhas Subramanyam
- Suzan K. DelBene
- Ted Lieu
- Terri A. Sewell
- Thomas H. Kean, Jr.
- Thomas Massie
- Thomas R. Suozzi
- Timothy M. Kennedy
- Tom Barrett
- Tracey Mann
- Valerie P. Foushee
- W. Gregory Steube
- Wesley Bell
- Wesley Hunt
- William R. Keating
- Yassamin Ansari
- Young Kim
- Zachary Nunn
- Zoe Lofgren
Related bills
- H.R. 6900American Affordability Act of 2025Related bill
- S. 3332More Homes on the Market ActRelated bill
As identified by Congress.gov.
Full history
- Jul 14, 2025
Introduced
Introduced in U.S. House
U.S. House
- Feb 13, 2025
Introduced
Introduced in House
U.S. House of Representatives
- Feb 13, 2025
In committee
Referred to the House Committee on Ways and Means.
U.S. House
- Feb 13, 2025
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.