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Homeownership Savings Act

5/8/2026, 8:23 AM

Summary of Bill HR 8709

The Homeownership Savings Act, introduced in the 119th Congress on May 7, 2026, aims to promote homeownership opportunities. The bill, designated as H.R. 8709, reflects provisions to encourage savings mechanisms specifically tailored for homeowners. Further details on specific directives or actions proposed in the bill are not provided in the context.

Current Status of Bill HR 8709

Bill HR 8709 is currently in the status of Bill Introduced since May 7, 2026. Bill HR 8709 was introduced during Congress 119 and was introduced to the House on May 7, 2026.  Bill HR 8709's most recent activity was Referred to the House Committee on Ways and Means. as of May 7, 2026

Bipartisan Support of Bill HR 8709

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8709

Primary Policy Focus

Alternate Title(s) of Bill HR 8709

Homeownership Savings Act
Homeownership Savings Act
To amend the Internal Revenue Code of 1986 to allow the establishment of homeownership savings accounts.

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