0
0
0
To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.
1/31/2026, 9:05 AM
Summary of Bill HR 7185
The bill, "To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes," designated as H.R. 7185 in the 119th Congress and introduced on January 21, 2026, aims to allow for the exclusion of certain retirement plan distributions from gross income when utilized for a principal residence's down payment or closing costs. Additional purposes or provisions of the bill are not specified in the provided context.
Current Status of Bill HR 7185
Bill HR 7185 is currently in the status of Bill Introduced since January 21, 2026. Bill HR 7185 was introduced during Congress 119 and was introduced to the House on January 21, 2026. Bill HR 7185's most recent activity was Referred to the House Committee on Ways and Means. as of January 21, 2026
Bipartisan Support of Bill HR 7185
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7185
Primary Policy Focus
Alternate Title(s) of Bill HR 7185
To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.
To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7185
Latest Bills
Comprehensive Congressional Budget Act of 2026
Bill HR 7295January 31, 2026
OMAR Act
Bill HR 7304January 31, 2026
To amend the National Defense Authorization Act for Fiscal Year 2020, to make improvements relating to cooperation between the United States and Israel to counter unmanned systems across warfighting domains, and for other purposes.
Bill HR 7178January 31, 2026
To amend the Lobbying Disclosure Act of 1995 to expand the scope of individuals and activities which are subject to the requirements of such Act, and for other purposes.
Bill HR 7231January 31, 2026
To amend title 18, United States Code, to authorize awards for the arrest or conviction of individuals that deliberately target law enforcement officials with acts of violence or intimidation, and for other purposes.
Bill HR 7114January 31, 2026
To amend the Passport Act of June 4, 1920 to authorize certain public libraries to collect and retain a fee for the execution of a passport application.
Bill HR 6997January 31, 2026
To amend title XIX of the Social Security Act to clarify that whole genome and whole exome sequencing for children with certain medical needs is covered under the Medicaid program.
Bill HR 7118January 31, 2026
Federal Correctional Officer Paycheck Protection Act of 2026
Bill HR 7033January 31, 2026
To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.
Bill HR 7185January 31, 2026
SAFE KIDS Act
Bill HR 7040January 31, 2026