To amend the Internal Revenue Code of 1986 to provide home ownership assistance, and for other purposes.
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The bill would change the Internal Revenue Code of 1986 to create tax‑related help for people who want to buy a home. It would affect prospective homeowners and other taxpayers by altering how the tax system supports home purchase. The goal is to make owning a home more affordable.
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