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Congress·In Committee·2 months ago

Congress Proposes Major Housing Bill to Cut Taxes for Home Sellers and Boost National Supply

Legislative Progress

✓ Filed
Review
House
Senate
President

Impact Analysis

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

State Impacts

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

Key Points

  • The bill doubles the amount of profit homeowners can keep tax-free when they sell their house, raising the limit to $500,000 for individuals and $1 million for married couples to encourage more people to put their homes on the market.
  • It creates a new tax credit to encourage builders to fix up or build homes in neighborhoods that need more investment, helping families buy and own homes in areas that have been overlooked.
  • Local governments would be encouraged to change their rules to allow more types of housing, such as duplexes, small backyard houses, or turning old offices into apartments, to help increase the total number of homes available.
  • The plan offers lower rent in public housing for police officers, firefighters, and EMTs, and it makes it easier for veterans and first responders to get loans and discounts when buying a home.
  • New safety rules would require better tracking of lead pipes and lead paint in government-assisted housing, along with a major national effort to research and teach people about the health dangers of indoor mold.
  • The bill would stop federal funding for cities that allow 'squatting,' which it defines as people living in a property for 14 days or more without the owner's permission or a rental agreement.
HousingTaxesVeteransEnergy EnvironmentHealthcare

Milestones

3 milestones3 actions
Dec 19, 2025House

Referred to the Subcommittee on Economic Opportunity.

Aug 1, 2025House

Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Oversight and Government Reform, Energy and Commerce, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Aug 1, 2025

Introduced in House

What Happens Next

Projected impacts based on AI analysis

1 year after enactment

Zoning reform reporting requirement takes effect for CDBG grant recipients

Cities and counties receiving federal community development block grants must submit plans describing whether and how they are adopting pro-housing zoning policies like allowing duplexes, accessory dwelling units, and transit-oriented development. This doesn't force zoning changes but creates public accountability.

Related News

3 articles
Lohud·7 months ago

Lawler's in on a housing bill that seeks to expand supply, lower costs. What would it do?

Rep. Mike Lawler introduced a 120-page housing package that doubles the tax exemption for home sales to $1 million for couples and creates a pilot program to sell unused federal properties for affordable housing. The bill aims to expand supply and make public housing safer.

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Washington Post·29 days ago

Trump can still do more to address affordability

The article highlights the Revitalizing America's Housing Act as a key reform to increase housing supply by designing model zoning codes and doubling the capital gains tax exclusion for home sales to break the 'lock-in' effect for seniors.

CL+
Cooperator News·over 1 year ago

NY Rep. Introduces Multifaceted Housing Plan Bipartisan Reforms Would 'Incentivize Construction, Reduce Unaffordability'

Rep. Mike Lawler's plan incorporates elements of the Neighborhood Homes Investment Act to incentivize construction in distressed areas and reduce regulatory barriers to affordable housing through bipartisan reforms.

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Source Information

Document Type

Congressional Bill

Official Title

Revitalizing America’s Housing Act

Bill NumberHR 4856
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Subcommittee on Economic Opportunity.

Sponsor

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.