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House bill · H.R. 7402 (119th Congress)

Unlocking Homeownership Act

U.S. House of Representatives

Latest action Apr 20, 2026

Sponsor: Tim Moore (U.S. Representative, NC-14, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Would amend the Internal Revenue Code so that a defined "qualified first-time homebuyer distribution" from a 529 qualified tuition program is not subject to the tax treatment that normally applies to non-education distributions.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Ways and Means · U.S. House of Representatives

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican1

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Full history

  1. Apr 20, 2026

    Introduced

    Introduced in U.S. House

    U.S. House

  2. Feb 5, 2026

    Introduced

    Introduced in House

    U.S. House of Representatives

  3. Feb 5, 2026

    In committee

    Referred to the House Committee on Ways and Means.

    U.S. House

  4. Feb 5, 2026

    Referred to committee

    Referred to the House Committee on Ways and Means.

    U.S. House of Representatives

Read the record