To amend the Internal Revenue Code of 1986 to increase the limitation on qualified first-time homebuyer distributions, and for other purposes.
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.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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