Skip to main content
CivicGate

HR 8677
Introduced 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.

Make the American Dream Real Again Act

To amend the Internal Revenue Code of 1986 to allow a refundable credit for qualified home acquisition expenses, and for other purposes.

Introduced May 7, 2026

Latest action (May 7, 2026) Referred to the House Committee on Ways and Means.

Referred to
Ways and Means Committee
Policy area
Taxation
Issues
Economy & Taxes

Summary
  • Creates a refundable tax credit for homeowners who sell their principal residence to a first-time homebuyer.
  • The credit covers qualified home acquisition expenses paid for the first-time homebuyer, including down payment, inspection costs, and closing costs.
  • The credit amount is limited to the lesser of the expenses paid or the tax liability reduction from the home sale.
  • Defines a first-time homebuyer as an individual (and spouse if married) with no principal residence ownership in the two-year period before the purchase.
  • The provision applies to taxable years beginning after December 31, 2026.

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)
1 cosponsor

Money behind the sponsor

Top reported contributors to Eric Burlison’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • Employer not reported $14,100
  • JARED MANAGEMENT LLC $6,900
  • MINISTRY PRESBYTERIAN CHURCH $6,600
  • HUNTER ENGINEERING $6,600
  • THOMPSON SALES COMPANY $6,600

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Eric Burlison → · Outside spending →

Actions (2)
  1. May 7, 2026 Referred to the House Committee on Ways and Means. · house
  2. May 7, 2026 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.

  • HR 7160 — First Home Affordability Act · Introduced Jan 20, 2026 · Cong. 119 68%
  • HR 4717 — First-Time Homebuyer Tax Credit Act of 2025 · Introduced Jul 23, 2025 · Cong. 119 66%
  • HR 7051 — American Dream Act · Introduced Jan 14, 2026 · Cong. 119 66%
  • HR 7216 — Make American Housing Affordable (MAHA) Act of 2026 · Introduced Jan 22, 2026 · Cong. 119 65%
  • HR 6390 — Make Housing Affordable and Defend Democracy Act · Introduced Dec 4, 2025 · Cong. 119 64%
  • S 2402 — First-Time Homebuyer Tax Credit Act of 2025 · Introduced Jul 23, 2025 · Cong. 119 64%

Text versions (1)
  • Introduced in House · May 7, 2026

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

May 7, 2026

Mr. Burlison 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 allow a refundable credit for qualified home acquisition expenses, 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 “Make the American Dream Real Again Act”.

SEC. 2. REFUNDABLE CREDIT FOR QUALIFIED HOME ACQUISITION EXPENSES.

(a) In General.—Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section:

“SEC. 36C. QUALIFIED HOME ACQUISITION EXPENSES.

“(a) In General.—In the case of an individual who sells their principal residence to a first-time homebuyer during a taxable year, there shall be allowed as a credit against the tax imposed by this subtitle for such taxable year an amount equal to the lesser of—

“(1) the amount paid by the taxpayer for the qualified home acquisition expenses of such first-time homebuyer with respect to such principal residence, or

“(2) the amount by which the tax liability of the taxpayer would decrease if the taxpayer did not have any gain from the sale of such principal residence included in the taxpayer’s gross income.

“(b) Definitions.—For purposes of this section—

“(1) First-time homebuyer.—The term ‘first-time homebuyer’ means any individual if such individual (and if married, such individual’s spouse) had no present ownership interest in a principal residence during the 2-year period ending on the date of the sale of the principal residence to which subsection (a) applies.

“(2) Principal residence.—The term ‘principal residence’ has the same meaning as when used in section 121.

“(3) Qualified home acquisition expenses.—The term ‘qualified home acquisition expenses’ means the costs of acquiring a residence, including any down payment, inspection costs, and closing costs.

“(c) Regulations.—The Secretary shall issue such regulations or other guidance as may be necessary to carry out the purposes of this section.”.

(b) Conforming Amendments.—

(1) Section 1324(b)(2) of title 31, United States Code, is amended by inserting “36C,” after “36B,”.

(2) Section 6211(b)(4)(A) of the Internal Revenue Code of 1986 is amended by inserting “36C,” after “36B,”.

(3) The table of sections for subpart C of part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 36B the following new item:

“Sec. 36C. Qualified home acquisition expenses.”.

(c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2026. <all>

Comments

Comments

Loading comments…