Skip to main content
HR 4120 116th Congress House Taxation Bank accounts, deposits, capital Housing and community development funding Housing finance and home ownership Income tax exclusion Marriage and family status Residential rehabilitation and home repair Tax treatment of families

First-Time Homeowners Assistance Act of 2019

Introduced: July 30, 2019 See on congress.gov
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jul 30, 2019
Referred to the House Committee on Ways and Means.
Jul 30, 2019
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

First-Time Homeowners Assistance Act of 2019

This bill establishes a tax-exempt qualified first-time homeowner assistance program. Under such a program, a person may make cash contributions to a first-time homeowner assistance account.

The bill defines "first-time homeowner assistance account" as an account for providing down payment assistance to an account beneficiary who is a first-time homeowner of a principal residence in the United States. The amount of such downpayment assistance cannot exceed 10% of the cost of acquiring, constructing, or substantially improving the residence.

What's happening now July 30, 2019

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4120: First-Time Homeowners Assistance Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4120/
MLA
"H.R. 4120: First-Time Homeowners Assistance Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4120/.
Bluebook (legal)
H.R. 4120, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4120/.
Markdown link
[H.R. 4120: First-Time Homeowners Assistance Act of 2019](https://openamerica.io/bill/116-HR-4120/)
Report a problem