In CommitteeFiled Feb 9, 2026
Sponsor: Rep. Cammack, Kat [R-FL-3] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Feb 9, 2026
Summary
The NEST Act lets individuals set up a special trust‑type savings account for buying their first home. Contributions are deductible, earnings grow tax‑free, and withdrawals used for qualified home costs are not taxed. It aims to make homeownership more affordable for people who have not owned a home in the past three years.
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