H7798Introduced in the House
Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Introduced by Brian Newberry, District 48
What does this bill do?
Plain-English breakdown
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Official description
PROPERTY -- FIRST TIME HOME BUYER SAVINGS PROGRAM ACT - Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Where it stands
Introduced, referred to House Finance
February 12, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Introduced, referred to House Finance
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