To amend the Internal Revenue Code of 1986 to allow individuals to make tax-free withdrawals from eligible retirement plans for the purpose of acquiring their first homes.
Homebuyer Savings Incentive Act - Amends the Internal Revenue Code to exclude from gross income any payment or distribution from an eligible retirement plan for the purpose of acquiring a first home.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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