Sevyn Hicks

The bill titled "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" was introduced in the 119th session of Congress as H.R. 7034 on January 13, 2026. The bill aims to remove the dollar limitations on the exclusion of gain from the sale of primary residences as outlined in the Internal Revenue Code of 1986. Additional provisions and specific actions proposed in the bill are not detailed in the provided context.