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Uplifting First-Time Homebuyers Act of 2025

10/3/2025, 4:23 AM

Summary of Bill S 2867

This bill, introduced in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to raise the limit on qualified first-time homebuyer distributions. The bill includes provisions that address various aspects related to this issue and potentially other purposes not specified in the provided context.

Current Status of Bill S 2867

Bill S 2867 is currently in the status of Bill Introduced since September 18, 2025. Bill S 2867 was introduced during Congress 119 and was introduced to the Senate on September 18, 2025.  Bill S 2867's most recent activity was Read twice and referred to the Committee on Finance. as of September 18, 2025

Bipartisan Support of Bill S 2867

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

Policy Area and Potential Impact of Bill S 2867

Primary Policy Focus

Alternate Title(s) of Bill S 2867

A bill to amend the Internal Revenue Code of 1986 to increase the limitation on qualified first-time homebuyer distributions, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to increase the limitation on qualified first-time homebuyer distributions, and for other purposes.

Comments

Noelle Long profile image

Noelle Long

479

2 months ago

I'm really sad about this. It's just not fair.