House bill · 119th Congress · Latest step: Introduced
More Homes on the Market Act
Official title: To amend the Internal Revenue Code of 1986 to increase the exclusion of gain from the sale of a principal residence, and for other purposes.
Sponsor: Rep. Jimmy Panetta D-CAWhere it went
- IntroducedFeb 13, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 13, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1340.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. PANETTA, as printed in the Congressional Record (Vol. 171, No. 30, February 13, 2025, Page H711):Article 1 Section 8Source: Congress.gov, Congressional Record February 13, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 19 characters
- Congress.gov bill record
- H.R. 1340, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1340
- Record last updated by Congress.gov
- October 20, 2026
- PORKER copy retrieved
- October 21, 2026
- Stored copy, SHA-256 of the file
6af039127fcac751c4d7550ddca1c0770eb582c4546c49ac348fd3ad0651dc55
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of October 20, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 1340, last updated October 20, 2026. PORKER’s copy was retrieved October 21, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
159 cosponsors — 66 Republicans, 92 Democrats, 1 independent
67 of 159 cosponsors (42%) are from the other party.
Yassamin Ansari (D-AZ), Don Bacon (R-NE), Nanette Barragán (D-CA), Tom Barrett (R-MI), Aaron Bean (R-FL), Joyce Beatty (D-OH), Wesley Bell (D-MO), Ami Bera (D-CA), Sanford Bishop (D-GA), Lauren Boebert (R-CO), Brendan Boyle (D-PA), Robert Bresnahan (R-PA), Julia Brownley (D-CA), Nikki Budzinski (D-IL), Ken Calvert (R-CA), Salud Carbajal (D-CA), Mike Carey (R-OH), Sean Casten (D-IL), Kathy Castor (D-FL), Sheila Cherfilus-McCormick (D-FL), Juan Ciscomani (R-AZ), Gilbert Cisneros (D-CA), Emanuel Cleaver (D-MO), Mike Collins (R-GA), J. Correa (D-CA), Jim Costa (D-CA), Joe Courtney (D-CT), Angie Craig (D-MN), Jeff Crank (R-CO), Henry Cuellar (D-TX) and 129 more.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Jimmy Panetta.
- H.R. 5334 (119th) Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
- H.R. 1266 (119th) Combating Illicit Xylazine Act
- H.R. 4288 (119th) To name the Department of Veterans Affairs community-based outpatient clinic in San Jose, California, as the "Corporal Patrick D. Tillman…
- H.R. 4717 (119th) First-Time Homebuyer Tax Credit Act of 2025
- H.R. 1024 (119th) US-Kazakhstan Trade Modernization Act
- H.R. 6324 (119th) Retirement Simplification and Clarity Act
Related bills
- H.R. 6900 (119th) American Affordability Act of 2025Related bill
- S. 3332 (119th) More Homes on the Market ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Oct 21, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.