U.S. Congress legislation · 119th Congress
HB4327: No Tax on Home Sales Act
Status: Passed one chamber, January 21, 2026
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.
What the bill says
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.
From the introduced text, July 10, 2025:
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. SECTION 1. Short title This Act may be cited as the No Tax on Home Sales Act . SECTION 2. Elimination of dollar limitations on exclusion of gain from sales of principal residences (a) In general Section 121(b) of the Internal Revenue Code of 1986 is amended-- (1) by striking paragraphs (1), (2), and (4), and (2) by redesignating paragraphs (3) and (5) as paragraphs (1) and (2), respectively. (b) Conforming amendments Section 121(c) of such Code is amended-- (1) in paragraph (1), by striking , and subsection (b)(3) and all that follows through 2 years and inserting , and subsection (b)(1), shall not apply , and (2) in paragraph (2)(A)(ii), by striking subsection (b)(3) and inserting subsection (b)(1) . (c) Effective date The amendments made by this section shall apply to sales and exchanges after the date of the enactment of this Act.
Sponsors
- Greene, Marjorie (R, 14) · primary sponsor
- Burgess Owens (R, 4)
- David Taylor (R, HD-002)
- Abraham Hamadeh (R, HD-AZ-8)
- Mark Alford (R, HD-004)
- Mark Harris (R, HD-NC-8)
- Luis Correa (D, HD-CA-46)
- Tracey Mann (R, HD-001)
Latest actions
- : ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation, Housing finance and home ownership, Income tax exclusion, Sales and excise taxes
Common questions
- What is HB4327?
- HB4327 is a bill in Congress (119th Congress): No Tax on Home Sales Act.
- What does HB4327 do?
- In its own words: 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.
- What is the status of HB4327?
- Passed one chamber as of January 21, 2026. Latest action: ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. (January 21, 2026).
- Who sponsored HB4327?
- Greene, Marjorie (R, 14), with 7 co-sponsors.
- Where is the official record for HB4327?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/4327
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.