Search

Search bills, members, committees and pages...

H.R. 7131

U.S. HouseIn House Committee

Summary

H.R. 7131, the Middle Class Home Tax Elimination Act, was introduced in the House on Jan 16, 2026 by Rep. Scott Fitzgerald (R). It was referred to Ways And Means, and last saw action on Jan 16, 2026: Referred to the House Committee on Ways and Means.


Record

Text

H.R. 7131 has no co-sponsors and has not gone to a roll call.

hb7131/introduced-in-house.txt
119 HR 7131 IH: Middle Class Home Tax Elimination Act
U.S. House of Representatives
2026-01-16
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I 119th CONGRESS 2d Session H. R. 7131 IN THE HOUSE OF REPRESENTATIVES January 16, 2026 Mr. Fitzgerald introduced the following bill; which was referred to the Committee on Ways and Means A BILL
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.
1.
Short title
This Act may be cited as the Middle Class Home Tax Elimination Act .
2.
Elimination of dollar limitations on exclusion of gain from sales of principal residences
(a)
In general
Section 121(b) of the Internal Revenue Code of 1986 is amended—
(1)
by striking paragraphs (1), (2), and (4), and
(2)
by redesignating paragraphs (3) and (5) as paragraphs (1) and (2), respectively.
(b)
Conforming amendments
Section 121(c) of such Code is amended—
(1)
in paragraph (1), by striking , and subsection (b)(3) and all that follows through 2 years and inserting , and subsection (b)(1), shall not apply , and
(2)
in paragraph (2)(A)(ii), by striking subsection (b)(3) and inserting subsection (b)(1) .
(c)
Effective date
The amendments made by this section shall apply to sales and exchanges after the date of the enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-01-16
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

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.

Sponsors

Rep. Scott Fitzgerald (R) sponsors H.R. 7131 alone.

Committees

H.R. 7131 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · Jan 16, 2026 · 1,160 Bills

Actions

H.R. 7131 has taken 2 actions since Jan 16, 2026.

ChamberAction
Jan 16, 2026
House
Introduced in House
Jan 16, 2026
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 7131 has not gone to a roll call.

2 bills are related to H.R. 7131.

Titles

H.R. 7131 goes by 3 titles, 1 of them short titles.

  • Middle Class Home Tax Elimination Act — Display Title
  • Middle Class Home Tax Elimination Act — Short Title(s) as Introduced
  • 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. — Official Title as Introduced

Classification

The Congressional Research Service files H.R. 7131 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7131’s is Taxation.

hr7131/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com