No recorded roll-call vote on this bill yet
This bill increases the amount of profit from selling a primary home that can be excluded from taxable income. It updates the Internal Revenue Code to raise the exclusion limits and adds an inflation adjustment for future years.
Sec. 2, Increase of exclusion of gain from sale of principal residence: The bill raises the maximum exclusion for single homeowners from $250,000 to $500,000, and for married couples filing jointly from $500,000 to $1,000,000. It also adds a new provision that, starting in 2026, these dollar amounts will be adjusted annually for inflation based on the cost-of-living adjustment used for tax brackets, with any increase rounded down to the nearest $100. These changes apply to home sales and exchanges that occur after the date the bill becomes law.
Summary of the bill text as introduced in Senate (Dec 3, 2025), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.
No amendments offered
No cost estimate or committee report yet
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.