Uplifting First-Time Homebuyers Act of 2021 This bill increases from $10,000 to $20,000 the lifetime limitation on penalty-free distributions from tax-exempt retirement plans for first-time homebuyers.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Uplifting First-Time Homebuyers Act of 2021
USA117th CongressHR-4165| House
| Updated: 6/24/2021
Uplifting First-Time Homebuyers Act of 2021 This bill increases from $10,000 to $20,000 the lifetime limitation on penalty-free distributions from tax-exempt retirement plans for first-time homebuyers.