2025-2026 Regular Session • US Congress Legislature
HB1340: More Homes on the Market Act
Legislative Summary
To amend the Internal Revenue Code of 1986 to increase the exclusion of gain from the sale of a principal residence, and for other purposes.
Demographic Impact
Overall analysis of equity impact
70% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
2/13/2025
Introduced in House
House of Representatives
2/13/2025
Referred to the House Committee on Ways and Means.
House of Representatives
Status Information
Current Status
Introduced(2/13/2025)
Chamber
House of Representatives
Committee
Ways And Means(House of Representatives)
Sponsors
Democrat: 23
Republican: 13
Primary Sponsor
Jimmy Panetta
Democrat
Co-Sponsors (35)
Mike Kelly
Republican
Nicole Malliotakis
Republican
Rudolph Yakym III
Republican
Luis Correa
Democrat
Suzan DelBene
Democrat
Hillary Scholten
Democrat
Julia Brownley
Democrat
Maria Salazar
Republican
Kevin Mullin
Democrat
Darrell Issa
Republican
Josh Harder
Democrat
Don Bacon
Republican
Betty McCollum
Democrat
Daniel Goldman
Democrat
John Rutherford
Republican
Jim Costa
Democrat
Nanette Barragan
Democrat
Eric Swalwell
Democrat
Michael Lawler
Republican
Monica De La Cruz
Republican
Brittany Pettersen
Democrat
Yassamin Ansari
Democrat
Sam Liccardo
Democrat
Josh Gottheimer
Democrat
Shri Thanedar
Democrat
Salud Carbajal
Democrat
Brian Fitzpatrick
Republican
Kevin Kiley
Republican
Greg Landsman
Democrat
Ted Lieu
Democrat
Juan Vargas
Democrat
Zoe Lofgren
Democrat
Donald Norcross
Democrat
Jefferson Shreve
Republican
Zachary Nunn
Republican