4
6

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.

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
19
Democrat Cosponsors
4
Republican Cosponsors
15
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7468

Primary Policy Focus

Taxation

Alternate 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