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American Dream Act
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
38Democrat Cosponsors
0Republican Cosponsors
38Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7051
Primary Policy Focus
TaxationAlternate 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.
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.
Comments
Sponsors and Cosponsors of HR 7051
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