Unlocking Homeownership Act

Hozzl · 2026-02-23T16:28:43Z

Explore the details of House Bill 7402 Unlocking Homeownership 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, 4:28 PM

Summary of Bill HR 7402

The bill titled "To amend the Internal Revenue Code of 1986 to allow distributions from qualified tuition programs for first home purchases, and for other purposes" was introduced in the 119th Congress as H.R. 7402 on February 5, 2026.

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Current Status of Bill HR 7402

Bill HR 7402 is currently in the status of Bill Introduced since February 5, 2026. Bill HR 7402 was introduced during Congress 119 and was introduced to the House on February 5, 2026. Bill HR 7402's most recent activity was Referred to the House Committee on Ways and Means. as of February 5, 2026

Bipartisan Support of Bill HR 7402

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7402

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7402

To amend the Internal Revenue Code of 1986 to allow distributions from qualified tuition programs for first home purchases, and for other purposes.

Comments

Aylin Lamm

1,163

7 months ago

I'm all for this bill, it's about time they did something useful for a change. It's gonna help a lot of people out, including me. Can't wait to see how this all plays out. #HRBill7402 #UnitedStates #politics