American Dream Act

Hozzl · 2026-02-04T22:58:53Z

Explore the details of House Bill 7051 American Dream Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/4/2026, 10:58 PM

Summary of Bill HR 7051

The American Dream Act, designated as H.R. 7051 in the 119th Congress and introduced on January 14, 2026, aims to address key issues related to the American dream. The bill's specifics, provisions, or directives are not outlined in the provided context object, but it is a legislative proposal focused on advancing aspects related to the American dream within the U.S. Congress. For further details on the bill's content, one can refer to the official PDF version of the bill available at https://www.congress.gov/119/bills/hr7051/BILLS-119hr7051ih.pdf.

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Current Status of Bill HR 7051

Bill HR 7051 is currently in the status of Bill Introduced since January 14, 2026. Bill HR 7051 was introduced during Congress 119 and was introduced to the House on January 14, 2026. Bill HR 7051's most recent activity was Referred to the House Committee on Ways and Means. as of January 14, 2026

Bipartisan Support of Bill HR 7051

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7051

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7051

To amend the Internal Revenue Code of 1986 to exclude from gross income gains on the sale of real property to first-time homebuyers by individuals who have attained age 65.