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First-Time Homebuyer Savings Act of 2026
4/15/2026, 1:37 AM
Summary of Bill HR 8221
The bill "To amend the Internal Revenue Code of 1986 to establish first-time homebuyer savings accounts" was introduced in the 119th Congress as H.R. 8221 on April 9, 2026. The purpose of the bill is to create first-time homebuyer savings accounts through amendments to the Internal Revenue Code of 1986, facilitating savings for individuals looking to purchase their first home.
Read the Full Bill
Current Status of Bill HR 8221
Bill HR 8221 is currently in the status of Bill Introduced since April 9, 2026. Bill HR 8221 was introduced during Congress 119 and was introduced to the House on April 9, 2026. Bill HR 8221's most recent activity was Referred to the House Committee on Ways and Means. as of April 9, 2026
Bipartisan Support of Bill HR 8221
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8221
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 8221
To amend the Internal Revenue Code of 1986 to establish first-time homebuyer savings accounts.
To amend the Internal Revenue Code of 1986 to establish first-time homebuyer savings accounts.
Comments
Sponsors and Cosponsors of HR 8221
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