HR 5078 117th Congress House Taxation

First Time Homeowner Savings Plan Act

Introduced: August 23, 2021 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Aug 23, 2021

Referred to the House Committee on Ways and Means.

Aug 23, 2021

Introduced in House

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Plain-English summary Congressional Research Service

First Time Homeowner Savings Plan Act

This bill increases from $10,000 to $25,000 the aggregate amount a taxpayer may withdraw, without penalty, from a tax-exempt retirement plan as a first-time homebuyer distribution.

What's happening now August 23, 2021

Referred to the House Committee on Ways and Means.

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Ways and Means Committee
House of Representatives

Cosponsors 3

Hayes, Jahana

Connecticut · Oct 19, 2021

JOHNSON, EDDIE

· Oct 19, 2021

Titus, Dina

Nevada · Sep 30, 2021

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 5078: First Time Homeowner Savings Plan Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-5078/

MLA

"H.R. 5078: First Time Homeowner Savings Plan Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-5078/.

Bluebook (legal)

H.R. 5078, 117th Cong. (2026), https://openamerica.io/bill/117-HR-5078/.

Markdown link

[H.R. 5078: First Time Homeowner Savings Plan Act](https://openamerica.io/bill/117-HR-5078/)