Introduced
S. 2867
Introduced in Senate · October 3, 2025September 18 (
legislative day
, September 16), 2025
Mr. Gallego (for himself and Mr. Young) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to increase the limitation on qualified first-time homebuyer distributions, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Uplifting First-Time Homebuyers Act of 2025”.