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Middle Class Home Tax Elimination Act

2/6/2026, 4:03 PM

Summary of Bill HR 7131

The Middle Class Home Tax Elimination Act, designated as H.R. 7131 in the 119th Congress and introduced on January 16, 2026, aims to eliminate taxes specifically impacting middle-class homeowners. The bill's text lists include pagination details and a request bill URL. Update information as of February 3, 2026, is also provided.

Read the Full Bill

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Current Status of Bill HR 7131

Bill HR 7131 is currently in the status of Bill Introduced since January 16, 2026. Bill HR 7131 was introduced during Congress 119 and was introduced to the House on January 16, 2026.  Bill HR 7131's most recent activity was Referred to the House Committee on Ways and Means. as of January 16, 2026

Bipartisan Support of Bill HR 7131

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7131

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7131

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.
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.

Comments

Sponsors and Cosponsors of HR 7131

Scott Fitzgerald
Scott Fitzgerald
WisconsinRepublican

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