119th CongressH. R. 3526
Introduced in House
Uplifting First-Time Homebuyers Act of 2025
SEC. 1. SHORT TITLETrack this section →
This Act may be cited as the Uplifting First-Time Homebuyers Act of 2025.
SEC. 2. INCREASING THE LIMITATION ON QUALIFIED FIRST-TIME HOMEBUYER DISTRIBUTIONSTrack this section →
(a) In general Section 72(t)(8)(B)(i) of the Internal Revenue Code of 1986 is amended by striking $10,000 and inserting $50,000. (b) Effective date The amendment made by this Act shall apply to taxable years beginning after December 31, 2024.
•HR 3526 IHText from GovInfo