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Congress·In Progress·H.R. 4327

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

No Tax on Home Sales Act

2 months ago·View on Congress.gov
Part of: Congress Moves to Eliminate Capital Gains Tax on Primary Home Sales

Legislative Progress

House
Senate
President
Law

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

Impact Analysis

Personal Impact

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

Broader Impacts

Score
Scores: -5 (harmful) to +5 (beneficial)Short-term: 0-2 yearsLong-term: 10-30 years

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 Bills

2 bills
H.R. 7034Related bill

To amend the Internal Revenue Code of 1986 to eliminate the dollar limitations on the exclusion of gain from sales of principal residences, and for other purposes.

Jan 13 — Referred to the House Committee on Ways and Means.

H.R. 7131Related bill

Middle Class Home Tax Elimination Act

Jan 16 — Referred to the House Committee on Ways and Means.

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

(5)
R: 5

Analysis generated by AI. Always verify with official sources.