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Housing Revitalization Act: Tax Breaks, First Responder Support, and Anti-Squatting Measures

This bill increases the tax-free profit limit on home sales and provides housing benefits for police, firefighters, and veterans. It also mandates counseling for certain homebuyers and restricts federal funding to local governments that allow squatting.
Key points
Increases the capital gains tax exclusion on home sales to $500,000 for individuals and $1 million for couples.
Blocks federal funds and mortgage support in areas that do not enforce laws against squatters.
Provides rent caps, home purchase discounts, and loan income deductions for first responders and volunteers.
Introduces tax credits to stimulate the construction and rehabilitation of owner-occupied homes in distressed neighborhoods.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4856
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2025-08-01
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Revitalizing America’s Housing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4856.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-08-01.

What are the main provisions?

Key points include:

  • Increases the capital gains tax exclusion on home sales to $500,000 for individuals and $1 million for couples.
  • Blocks federal funds and mortgage support in areas that do not enforce laws against squatters.
  • Provides rent caps, home purchase discounts, and loan income deductions for first responders and volunteers.
  • Introduces tax credits to stimulate the construction and rehabilitation of owner-occupied homes in distressed neighborhoods.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lawler, Michael [R-NY-17].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Opportunity.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

CATEGORIES

Real Estate Taxes Benefits