HR 3526 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
Uplifting First-Time Homebuyers Act of 2025
To amend the Internal Revenue Code of 1986 to increase the limitation on qualified first-time homebuyer distributions, and for other purposes.
Summary
The bill increases the amount that first-time homebuyers can withdraw from their retirement accounts without penalty. Currently, individuals can withdraw up to $10,000 from qualified retirement plans such as Individual Retirement Accounts (IRAs) for a first-time home purchase without facing the standard 10 percent early withdrawal penalty. This bill would raise that limit to $50,000. The change would apply to withdrawals made for taxable years beginning after December 31, 2024.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
61 cosponsors
- Del. Moylan, James C. [R-GU-At Large] (R-GU)
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA)
- Rep. Barrett, Tom [R-MI-7] (R-MI)
- Rep. Begich, Nicholas J. [R-AK-At Large] (R-AK)
- Rep. Bell, Wesley [D-MO-1] (D-MO)
- Rep. Bishop, Sanford D. [D-GA-2] (D-GA)
- Rep. Brownley, Julia [D-CA-26] (D-CA)
- Rep. Calvert, Ken [R-CA-41] (R-CA)
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA)
- Rep. Castor, Kathy [D-FL-14] (D-FL)
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA)
- Rep. Correa, J. Luis [D-CA-46] (D-CA)
- Rep. Costa, Jim [D-CA-21] (D-CA)
- Rep. Craig, Angie [D-MN-2] (D-MN)
- Rep. Cuellar, Henry [D-TX-28] (D-TX)
- Rep. Davis, Donald G. [D-NC-1] (D-NC)
- Rep. Dingell, Debbie [D-MI-6] (D-MI)
- Rep. Elfreth, Sarah [D-MD-3] (D-MD)
- Rep. Foster, Bill [D-IL-11] (D-IL)
- Rep. Frankel, Lois [D-FL-22] (D-FL)
- Rep. Gallagher, James [R-CA-1] (R-CA)
- Rep. Garcia, Robert [D-CA-42] (D-CA)
- Rep. Gill, Brandon [R-TX-26] (R-TX)
- Rep. Gillen, Laura [D-NY-4] (D-NY)
- Rep. Gooden, Lance [R-TX-5] (R-TX)
- Rep. Green, Al [D-TX-9] (D-TX)
- Rep. Hayes, Jahana [D-CT-5] (D-CT)
- Rep. Hinson, Ashley [R-IA-2] (R-IA)
- Rep. Hunt, Wesley [R-TX-38] (R-TX)
- Rep. Johnson, Julie [D-TX-32] (D-TX)
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY)
- Rep. Latimer, George [D-NY-16] (D-NY)
- Rep. Lieu, Ted [D-CA-36] (D-CA)
- Rep. Mann, Tracey [R-KS-1] (R-KS)
- Rep. McBride, Sarah [D-DE-At Large] (D-DE)
- Rep. Menendez, Robert [D-NJ-8] (D-NJ)
- Rep. Mfume, Kweisi [D-MD-7] (D-MD)
- Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA)
- Rep. Mullin, Kevin [D-CA-15] (D-CA)
- Rep. Neguse, Joe [D-CO-2] (D-CO)
- Rep. Obernolte, Jay [R-CA-23] (R-CA)
- Rep. Olszewski, Johnny [D-MD-2] (D-MD)
- Rep. Pingree, Chellie [D-ME-1] (D-ME)
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA)
- Rep. Schmidt, Derek [R-KS-2] (R-KS)
- Rep. Sewell, Terri A. [D-AL-7] (D-AL)
- Rep. Sherman, Brad [D-CA-32] (D-CA)
- Rep. Smith, Christopher H. [R-NJ-4] (R-NJ)
- Rep. Sorensen, Eric [D-IL-17] (D-IL)
- Rep. Soto, Darren [D-FL-9] (D-FL)
- Rep. Subramanyam, Suhas [D-VA-10] (D-VA)
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY)
- Rep. Swalwell, Eric [D-CA-14] (D-CA)
- Rep. Thanedar, Shri [D-MI-13] (D-MI)
- Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ)
- Rep. Vargas, Juan [D-CA-52] (D-CA)
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA)
- Rep. Wasserman Schultz, Debbie [D-FL-25] (D-FL)
- Rep. Weber, Randy K. Sr. [R-TX-14] (R-TX)
- Rep. Whitesides, George [D-CA-27] (D-CA)
- Rep. Wittman, Robert J. [R-VA-1] (R-VA)
Money behind the sponsor
Top reported contributors to Beth Van Duyne’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $51,100
- INSPERITY $14,800
- AMERICAN AIRLINES $14,473
- BANK OF THE WEST $14,200
- CHARTER BROKERAGE LLC $13,862
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Beth Van Duyne → · Outside spending →
Actions (2)
- May 20, 2025 Referred to the House Committee on Ways and Means. · house
- May 20, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 20, 2025
Ms. Van Duyne 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 increase the limitation on qualified first-time homebuyer distributions, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Uplifting First-Time Homebuyers Act of 2025”.
SEC. 2. INCREASING THE LIMITATION ON QUALIFIED FIRST-TIME HOMEBUYER DISTRIBUTIONS.
(a) In General.—Section 72(t)(8)(B)(i) of the Internal Revenue Code of 1986 is amended by striking “$10,000” and inserting “$50,000”.
(b) Effective Date.—The amendment made by this Act shall apply to taxable years beginning after December 31, 2024. <all>
Comments