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First-Time Home Buyer Empowerment Act
2/24/2026, 6:36 PM
Summary of Bill HR 7468
The bill labeled H.R. 7468, introduced in the 119th Congress on February 10, 2026, seeks to modify the Internal Revenue Code of 1986 to permit specific withdrawals from long-term qualified tuition programs for the purpose of financing first-time home purchases, along with addressing other related matters.
Read the Full Bill
Current Status of Bill HR 7468
Bill HR 7468 is currently in the status of Bill Introduced since February 10, 2026. Bill HR 7468 was introduced during Congress 119 and was introduced to the House on February 10, 2026. Bill HR 7468's most recent activity was Referred to the House Committee on Ways and Means. as of February 10, 2026
Bipartisan Support of Bill HR 7468
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
19Democrat Cosponsors
4Republican Cosponsors
15Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7468
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 7468
To amend the Internal Revenue Code of 1986 to allow certain distributions from long-term qualified tuition programs for first home purchases, and for other purposes.
To amend the Internal Revenue Code of 1986 to allow certain distributions from long-term qualified tuition programs for first home purchases, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7468
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