H.R. 7034 has not moved since its introduction on Jan 13, 2026, with cosponsors, all Republicans
To amend the Internal Revenue Code of 1986 to eliminate the dollar limitations on the exclusion of gain from sales of principal residences, and for other purposes.
IntroducedJan 13, 2026
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
CRS has not published a summary of this bill yet. Read the bill text.
Context
- Committees
- House Ways and Means Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 1 of 14 bills enacted since 2013
- Text versions
- 1: introduced in house · 125 words
- Latest action
- Jan 13, 2026: Referred to the House Committee on Ways and Means.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 2
Each bill appears once, under its strongest link. 2 in all.
Related, per CRS or House · 2
- 119th H.R. 4327 No Tax on Home Sales Act R · Introduced
- 119th H.R. 7131 Middle Class Home Tax Elimination Act R · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]