Time to Heal Act

Hozzl · 2026-02-23T16:27:57Z

Explore the details of House Bill 7349 Time to Heal Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/23/2026, 4:27 PM

Summary of Bill HR 7349

The bill "To amend the Internal Revenue Code of 1986" (H.R. 7349) in the 119th Congress, introduced on February 4, 2026, aims to provide individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as married couples, irrespective of the duration since the spouse's death.

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Current Status of Bill HR 7349

Bill HR 7349 is currently in the status of Bill Introduced since February 4, 2026. Bill HR 7349 was introduced during Congress 119 and was introduced to the House on February 4, 2026. Bill HR 7349's most recent activity was Referred to the House Committee on Ways and Means. as of February 4, 2026

Bipartisan Support of Bill HR 7349

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7349

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7349

To amend the Internal Revenue Code of 1986 to give individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as is allowed to married couples, regardless of how much time has passed since such death.