S.5227

First-Time Home Buyer Empowerment Act

Introduced·8/4/26

Prefiled

Introduced8/4/26

Chamber Passed

Final Passage

Complete

Introduced

S. 5227

Introduced in Senate · August 6, 2026

August 4, 2026

Mr. Husted (for himself and Mr. Bennet) 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 allow certain distributions from long-term qualified tuition programs for first home purchases, 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 “First-Time Home Buyer Empowerment Act”.

S5227 U.S. Senate: First-Time Home Buyer Empowerment Act