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Congress·In Progress·about 1 month ago

Representative Greene Proposes Bill to Eliminate Federal Taxes on All Home Sale Profits

Also known as: No Tax on Home Sales Act

Legislative Progress

Filed
Review
House
Senate
President

Impact Analysis

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Key Points

  • This bill, introduced by Representative Greene, would change the law so homeowners no longer have to pay federal income taxes on the profit they make when selling their main home.
  • Currently, single people can only protect $250,000 in profit from taxes, and married couples can protect $500,000. This proposal removes those limits entirely, making all profit from a home sale tax-free regardless of the amount.
  • The policy aims to help homeowners keep more of their money when they sell, which is especially helpful for people in expensive housing markets where home values have grown significantly over many years.
  • If this bill becomes law, the new tax-free rules would start applying to any home sales that happen after the date the bill is signed.
  • While this would put more money in the pockets of sellers, it would also mean the federal government collects less tax revenue from high-value real estate transactions.
TaxesHousing

Milestones

3 milestones3 actions
Jan 21, 2026House

ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.

Jul 10, 2025House

Referred to the House Committee on Ways and Means.

Jul 10, 2025

Introduced in House

Related News

5 articles
Realtor.com·8 months ago

EXCLUSIVE: Marjorie Taylor Greene Shares Plans To Eliminate the Home Equity Tax: A 'Gift to the American People'

In an exclusive interview, Rep. Greene frames her bill as a way to return equity to homeowners. The proposal aims to remove the $250k/$500k caps on tax-free profits, which Greene describes as an 'unfair penalty' that discourages long-term owners from selling and moving.

C+
SFGATE·7 months ago

Trump just floated a tax idea that would hugely benefit California homeowners

Former President Trump signaled support for the 'No Tax on Home Sales Act,' noting it could 'unleash' the housing market. The article highlights how the policy would particularly benefit high-cost markets like California where many sellers exceed current IRS exclusion limits.

CL~
Money Talks News·8 months ago

New Bill Would End Taxes on Home Sales. Here's How It Works.

This report breaks down the mechanics of the 'No Tax on Home Sales Act,' clarifying that it would only apply to primary residences and would not change the two-year residency requirement, but would simply remove the cap on how much profit can be shielded from federal income tax.

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Source Information

Document Type

Congressional Bill

Official Title

No Tax on Home Sales Act

Bill NumberHR 4327
Congress119th Congress
ChamberHouse of Representatives
Latest ActionASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.

Sponsor

Cosponsors

(4)
R: 4

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.