House bill · 119th Congress · Latest step: Introduced
First Home Savings Opportunity Act of 2025
Official title: To amend the Internal Revenue Code of 1986 to allow the establishment of down payment savings accounts.
Open in Bill Explorer →Where it went
- IntroducedDec 9, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Dec 9, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 6542.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SUBRAMANYAM, as printed in the Congressional Record (Vol. 171, No. 207, December 9, 2025, Page H5113):Article 1, Section 8Source: Congress.gov, Congressional Record December 9, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 20 characters
- Congress.gov bill record
- H.R. 6542, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/6542
- Record last updated by Congress.gov
- October 6, 2026
- PORKER copy retrieved
- October 7, 2026
- Stored copy, SHA-256 of the file
a8678aaf8f43cda91a194fa1add3c8237a9126d7d48923a35ee9ba6762c47e48
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 6, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 6542, last updated October 6, 2026. PORKER’s copy was retrieved October 7, 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
6 cosponsors — 1 Republican, 5 Democrats
1 of 6 cosponsors (17%) are from the other party.
Janelle Bynum (D-OR), Sharice Davids (D-KS), Ashley Hinson (R-IA), Dave Min (D-CA), Eleanor Norton (D-DC), Shri Thanedar (D-MI).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Suhas Subramanyam.
- H.R. 5058 (119th) To designate the facility of the United States Postal Service located at 46164 Westlake Drive in Sterling, Virginia, as the "Firefighter…
- H.R. 1352 (119th) To designate the General George C. Marshall House, in the Commonwealth of Virginia, as an affiliated area of the National Park System, and…
- H.R. 9372 (119th) Data Infrastructure Energy Measurement and Standards Act
- H.R. 2470 (119th) COST of Relocations Act
- H.Res. 456 (119th) Expressing support for the designation of the month of May 2025 as "Progressive Supranuclear Palsy Awareness Month".
- H.Res. 1318 (119th) Expressing support for the designation of the month of May 2026 as "Progressive Supranuclear Palsy and Corticobasal Degeneration Awareness…
Sponsor’s state and district
Data as of Oct 7, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.