More Homes on the Market Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 25
- Latest action
- Dec 3, 2025
What it does
The More Homes on the Market Act would increase the federal tax exclusion for gains from the sale of a principal residence, raising the limit from $250,000 to $500,000 for single filers and from $500,000 to $1,000,000 for married couples filing jointly. These increased amounts would be adjusted annually for inflation starting in 2026, using a cost-of-living adjustment formula with rounding to the nearest $100 increment. The changes would apply to home sales occurring after the bill’s enactment, aiming to reduce tax barriers that may discourage homeowners from selling their properties. The bill affects individual taxpayers who sell their primary homes and seek to exclude capital gains from…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- John Cornyn
- Adam Schiff
- Christopher Coons
- Cindy Hyde-Smith
- Dave McCormick
- Deb Fischer
- James Risch
- Jerry Moran
- Jim Banks
- John Barrasso
- John Boozman
- John Kennedy
- Kevin Cramer
- Lindsey Graham
- Mark Kelly
- Mazie Hirono
- Michael Bennet
- Mike Lee
- Roger Marshall
- Roger Wicker
- Shelley Capito
- Steve Daines
- Tim Sheehy
- Todd Young
- Tom Cotton
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.