U.S. Congress legislation · 119th Congress
HB10075: First-Time Homebuyer Affordability Act
Status: In committee, August 10, 2026
To amend the Internal Revenue Code of 1986 to exempt qualified mortgage bonds from the volume cap, and for other purposes.
What the bill says
To amend the Internal Revenue Code of 1986 to exempt qualified mortgage bonds from the volume cap, and for other purposes.
From the introduced text, August 10, 2026:
A BILL To amend the Internal Revenue Code of 1986 to exempt qualified mortgage bonds from the volume cap, and for other purposes. SECTION 1. Short title This Act may be cited as the First-Time Homebuyer Affordability Act . SECTION 2. Qualified mortgage bonds exempt from volume cap (a) In general Section 146(g) of the Internal Revenue Code of 1986 is amended by redesignating paragraphs (1) through (6) as paragraphs (2) through (7), respectively, and by inserting before paragraph (2) the following new paragraph: (1) any qualified mortgage bond, . (b) Conforming amendment Section 146(g) of such Code, as amended by subsection (a), is amended by striking Paragraphs (4) and (5) in the last sentence and inserting Paragraphs (5) and (6) . (c) Effective date The amendments made by this section shall apply to obligations issued after the date of the enactment of this Act.
Sponsors
- Darin LaHood (R, HD-016) · primary sponsor
- Jimmy Panetta (D)
- Blake Moore (R, HD-UT-1)
- Thomas Suozzi (D, HD-003)
- Salud Carbajal (D)
- Michael Lawler (R, HD-017)
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB10075?
- HB10075 is a bill in Congress (119th Congress): First-Time Homebuyer Affordability Act.
- What does HB10075 do?
- In its own words: To amend the Internal Revenue Code of 1986 to exempt qualified mortgage bonds from the volume cap, and for other purposes.
- What is the status of HB10075?
- In committee as of August 10, 2026. Latest action: Referred to the House Committee on Ways and Means. (August 10, 2026).
- Who sponsored HB10075?
- Darin LaHood (R, HD-016), with 5 co-sponsors.
- Where is the official record for HB10075?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10075
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.