More Homes on the Market Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
Doubles the capital gains exclusion for the sale of a principal residence and indexes the exclusion amounts for inflation.
Who Benefits and How
Homeowners selling their primary residences can exclude more gain from tax, which may encourage more homes to come onto the market.
Who Bears the Burden and How
Federal tax revenue would fall relative to current law, and the Treasury would administer higher, inflation-adjusted exclusion amounts.
Key Provisions
- Raises the single-filer home-sale exclusion from $250,000 to $500,000.
- Raises the joint-filer exclusion from $500,000 to $1,000,000.
- Indexes the updated exclusion amounts for inflation after 2025.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Doubles the capital gains exclusion for the sale of a principal residence and indexes the exclusion amounts for inflation.
Key Policy Areas
Housing, Finance, Government Operations
Primary Purpose
Doubles the capital gains exclusion for the sale of a principal residence and indexes the exclusion amounts for inflation.
Policy Domains
Main Provisions
Identified Gains
Contextual inference, no direct clause citation- Homeowners selling primary residences
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Federal budget
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeMr. Cornyn (for himself, Mr. Bennet, Mr. Daines, Mr. Schiff, …
Read twice and referred to the Committee on Finance.
Introduced in Senate
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology