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119th Congress · House bill · Last action Feb 13, 2025
BillsTaxationH.R. 1340Congress.gov ↗
H.R. 1340In CommitteeTaxation

More Homes on the Market Act

Sponsor: Rep. Panetta, Jimmy (D-CA)126 cosponsorsIntroduced Feb 13, 2025
In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

Introduced
Feb 13
House committee
Feb 13
3
House floor
-
4
Senate
-
5
Signed
-
What happens next: Sits in committee. Needs a markup or favorable report to advance to the House floor.

Sponsor

Cosponsors (126)

MR
NR
RR
JR
SR
HR
JR
+119
19 Democrats, 11 Republicans (of 30 shown).

Activity timeline

Feb 13
Feb 13, 2025
Referred to the House Committee on Ways and Means.
Feb 13
Feb 13, 2025
Introduced in House
Feb 13
Feb 13, 2025
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 3 recorded actions since introduction · Source: Congress.gov
Feb 13
HOUSEReferred to the House Committee on Ways and Means.
Feb 13
Introduced in House
Feb 13
Introduced in House

All 30 cosponsors

19 Democrats · 11 Republicans
Democrats (19)
Republicans (11)

In the news

Malliotakis Introduces Legislation to Cut Capital Gains Taxes for Seniors Selling Their Homes - Representative Nicole Malliotakis | (.gov)
How to Alleviate the Middle-Class Crunch on Homeownership - National Review
NAR's Kevin Sears Testifies on Housing Affordability and Supply Crisis Before House Financial Services Committee - National Association of REALTORS®
Why the $250,000/$500,000 Home Sale Exclusion Threatens Your Gains - CBIZ
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