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.

Cost and committee reports

Official records Congress.gov attaches to H.R. 7034.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. GOLDMAN of Texas, as printed in the Congressional Record (Vol. 172, No. 9, January 13, 2026, Page H718):
  Article 1, Section 8
  Source: Congress.gov, Congressional Record January 13, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  20 characters

  Congress.gov bill record

  H.R. 7034, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/7034

  Record last updated by Congress.gov

  March 26, 2026

  PORKER copy retrieved

  September 13, 2026

  Stored copy, SHA-256 of the file

  40844e0b580aa8c07fec4e9db4e5f602b9e4e4378fb2334dc160fc111d0867f1

  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 March 26, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 7034, last updated March 26, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.