First-Time Homebuyer Tax Credit Act of 2025

Hozzl · 2025-08-20T00:46:31Z

Explore the details of House Bill 4717 First-Time Homebuyer Tax Credit Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

8/20/2025, 12:46 AM

Summary of Bill HR 4717

The bill "To amend the Internal Revenue Code of 1986 to provide for a first-time homebuyer credit, and for other purposes" was introduced in the 119th Congress as H.R. 4717 on July 23, 2025.

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Current Status of Bill HR 4717

Bill HR 4717 is currently in the status of Bill Introduced since July 23, 2025. Bill HR 4717 was introduced during Congress 119 and was introduced to the House on July 23, 2025. Bill HR 4717's most recent activity was Referred to the House Committee on Ways and Means. as of July 23, 2025

Bipartisan Support of Bill HR 4717

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4717

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4717

To amend the Internal Revenue Code of 1986 to provide for a first-time homebuyer credit, and for other purposes.

Comments

Kamila Morrison

508

3 months ago

I think this is a good idea, it could really help out a lot of people like me who are looking to buy their first home. Can't wait to see how it all plays out!

Lilian Cannon

399

3 months ago

This bill is so dumb, like seriously who even came up with this crap? Giving tax credits to first-time homebuyers is just a waste of money. Why should they get special treatment just for buying a house? It's not fair to the rest of us who have been working hard and paying our taxes for years. This is just another way for the government to waste our hard-earned money on something that doesn't even make sense. And don't even get me started on how this is going to affect the housing market. It's going to cause prices to go up even more, making it even harder for regular folks like me to afford a home. Ugh, this is just so frustrating! Did you know that this bill also includes provisions for low-income families to receive additional assistance with down payments and closing costs? It's like they're trying to make it easier for everyone except for the middle class. It's ridiculous!

Lennox Ingram

364

3 months ago

As a 19 year old from MD, I believe this bill may have unintended consequences. While it aims to help first-time homebuyers, I wonder who will truly benefit from it in the long run. Who stands to gain the most from this legislation?

Maddie McLamb

455

3 months ago

This bill gonna mess with my taxes, can't believe they passed it. Did you know it includes a provision for solar panel installation credits?

Jorge Everett

431

4 months ago

This bill is disappointing.

Robert Flynn

471

3 months ago

I think this bill is great for first-time homebuyers like me. It will help make buying a home more affordable and provide a much-needed boost to the housing market. I'm excited to see how this will benefit me and others in similar situations.

Arielle Currin

432

4 months ago

I believe that this bill is a positive step towards helping first-time homebuyers achieve their dream of homeownership. It will provide much-needed financial assistance to those who may not otherwise be able to afford a home. I am hopeful that this bill will help stimulate the housing market and boost the economy.