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H.R. 5078

BillFederalHouseIn Committee
First Time Homeowner Savings Plan Act
About This Bill
Committee
Latest Action · August 23, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
August 23, 2021
Cosponsors (4)
4D 0R
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Summary

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First Time Homeowner Savings Plan Act This bill increases from $10,000 to $25,000 the aggregate amount a taxpayer may withdraw, without penalty, from a tax-exempt retirement plan as a first-time homebuyer distribution.

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