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HR 1022 102th Congress House

Homebuyers Relief Act of 1991

Official title: To amend the Internal Revenue Code of 1986 to increase the affordability of homeownership for first-time homebuyers.

Introduced: March 13, 1991 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
Taxation Home ownershipHousing financeIncome taxIndividual retirement accounts
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Tax exclusionTax-deferred compensation plans
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 20, 1991
Referred to the House Committee on Ways and Means.
Feb 20, 1991
Introduced in House
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 Latest action February 20, 1991

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Homebuyers Relief Act of 1991 - Amends the Internal Revenue Code to exclude from gross income certain retirement plan (such as individual retirement accounts and defined contribution plans) distributions used for a first-time home purchase.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
LIPINSKI, WILLIAM
· Mar 13, 1991
 D
Norton, Eleanor Holmes
District of Columbia · Mar 13, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1022: Homebuyers Relief Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-1022/
MLA
"H.R. 1022: Homebuyers Relief Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1022/.
Bluebook (legal)
H.R. 1022, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1022/.
Markdown link
[H.R. 1022: Homebuyers Relief Act of 1991](https://openamerica.io/bill/102-HR-1022/)
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