Uplifting First-Time Homebuyers Act of 2023 This bill increases from $10,000 to $30,000 the maximum distribution amount from a tax-exempt pension plan allowed for a first-time home purchase without incurring a penalty.
Referred to the House Committee on Ways and Means.
Taxation
Uplifting First-Time Homebuyers Act of 2023
USA118th CongressHR-1052| House
| Updated: 2/14/2023
Uplifting First-Time Homebuyers Act of 2023 This bill increases from $10,000 to $30,000 the maximum distribution amount from a tax-exempt pension plan allowed for a first-time home purchase without incurring a penalty.