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To amend the Internal Revenue Code of 1986 to exclude all gain from the sale of a principal residence or any residence which is sold to a first-time homebuyer, and for other purposes.
2/6/2026, 9:06 AM
Summary of Bill HR 7400
This bill, designated as H.R. 7400 in the 119th Congress and introduced on February 5, 2026, aims to amend the Internal Revenue Code of 1986. The primary purpose of the bill is to exclude all gain from the sale of a principal residence or any residence sold to a first-time homebuyer.
Current Status of Bill HR 7400
Bill HR 7400 is currently in the status of Bill Introduced since February 5, 2026. Bill HR 7400 was introduced during Congress 119 and was introduced to the House on February 5, 2026. Bill HR 7400's most recent activity was Referred to the House Committee on Ways and Means. as of February 5, 2026
Bipartisan Support of Bill HR 7400
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 7400
Primary Policy Focus
Alternate Title(s) of Bill HR 7400
To amend the Internal Revenue Code of 1986 to exclude all gain from the sale of a principal residence or any residence which is sold to a first-time homebuyer, and for other purposes.
To amend the Internal Revenue Code of 1986 to exclude all gain from the sale of a principal residence or any residence which is sold to a first-time homebuyer, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7400
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