# 119-hr-1340: More Homes on the Market Act

119-hr-1340, More Homes on the Market Act, is a 119th Congress bill sponsored by Rep. Panetta, Jimmy [D-CA-19] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-10-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1340
- As of: 2026-10-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1340
- Congress: 119
- Title: More Homes on the Market Act
- Status: introduced
- Introduced: 2025-02-13
- Sponsor: Rep. Panetta, Jimmy [D-CA-19] (D-CA)
- Cosponsors: 159
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-10-21

## Summary

**Doubles the home-sale tax exclusion** to reduce taxes on profit from selling your main home, and would add inflation adjustments so the cap keeps up with rising prices. - Single homeowners and families would be able to exclude up to $500,000 of gain on the sale of their principal residence, lowering tax bills for sellers who realize sizable gains. - Married couples filing jointly would see that exclusion rise to $1,000,000, helping long-time owners and sellers in high-cost markets keep more of their proceeds. - Both limits would be indexed for inflation starting in taxable years after 2024 so the exclusions grow over time instead of eroding with rising home values.

## Cosponsors (159)

- Rep. Kelly, Mike [R-PA-16] (R-PA), 2025-02-13T00:00:00.000Z
- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2025-02-13T00:00:00.000Z
- Rep. Yakym, Rudy [R-IN-2] (R-IN), 2025-02-13T00:00:00.000Z
- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2025-02-13T00:00:00.000Z
- Rep. Scholten, Hillary J. [D-MI-3] (D-MI), 2025-02-13T00:00:00.000Z
- Rep. Brownley, Julia [D-CA-26] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2025-02-13T00:00:00.000Z
- Rep. Mullin, Kevin [D-CA-15] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Issa, Darrell [R-CA-48] (R-CA), 2025-02-13T00:00:00.000Z
- Rep. Harder, Josh [D-CA-9] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Bacon, Don [R-NE-2] (R-NE), 2025-02-13T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2025-02-13T00:00:00.000Z
- Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2025-02-13T00:00:00.000Z
- Rep. Rutherford, John H. [R-FL-5] (R-FL), 2025-02-13T00:00:00.000Z
- Rep. Costa, Jim [D-CA-21] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Swalwell, Eric [D-CA-14] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-02-13T00:00:00.000Z
- Rep. De La Cruz, Monica [R-TX-15] (R-TX), 2025-02-13T00:00:00.000Z
- Rep. Pettersen, Brittany [D-CO-7] (D-CO), 2025-02-13T00:00:00.000Z
- Rep. Ansari, Yassamin [D-AZ-3] (D-AZ), 2025-02-13T00:00:00.000Z
- Rep. Liccardo, Sam T. [D-CA-16] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2025-02-13T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2025-02-13T00:00:00.000Z
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA), 2025-02-13T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-02-13T00:00:00.000Z
- Rep. Kiley, Kevin [I-CA-3] (I-CA), 2025-03-11T00:00:00.000Z
- Rep. Landsman, Greg [D-OH-1] (D-OH), 2025-03-21T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2025-03-21T00:00:00.000Z
- Rep. Vargas, Juan [D-CA-52] (D-CA), 2025-03-24T00:00:00.000Z
- Rep. Lofgren, Zoe [D-CA-18] (D-CA), 2025-03-25T00:00:00.000Z
- Rep. Norcross, Donald [D-NJ-1] (D-NJ), 2025-03-31T00:00:00.000Z
- Rep. Shreve, Jefferson [R-IN-6] (R-IN), 2025-03-31T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-04-17T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2025-05-21T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2025-05-29T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2025-05-29T00:00:00.000Z
- Rep. Craig, Angie [D-MN-2] (D-MN), 2025-06-03T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2025-06-03T00:00:00.000Z
- Rep. Davids, Sharice [D-KS-3] (D-KS), 2025-06-03T00:00:00.000Z
- Rep. Levin, Mike [D-CA-49] (D-CA), 2025-06-04T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2025-06-04T00:00:00.000Z
- Rep. Cherfilus-McCormick, Sheila [D-FL-20] (D-FL), 2025-06-04T00:00:00.000Z
- Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ), 2025-06-04T00:00:00.000Z
- Rep. Cuellar, Henry [D-TX-28] (D-TX), 2025-06-05T00:00:00.000Z
- Rep. Kim, Young [R-CA-40] (R-CA), 2025-06-05T00:00:00.000Z
- Del. Moylan, James C. [R-GU-At Large] (R-GU), 2025-06-05T00:00:00.000Z
- Rep. Weber, Randy K. Sr. [R-TX-14] (R-TX), 2025-06-06T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2025-06-09T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2025-06-09T00:00:00.000Z
- Rep. Neguse, Joe [D-CO-2] (D-CO), 2025-06-09T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2025-06-09T00:00:00.000Z
- Rep. Hunt, Wesley [R-TX-38] (R-TX), 2025-06-09T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2025-06-09T00:00:00.000Z
- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2025-06-09T00:00:00.000Z
- Rep. Gill, Brandon [R-TX-26] (R-TX), 2025-06-10T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2025-06-11T00:00:00.000Z
- Rep. Schmidt, Derek [R-KS-2] (R-KS), 2025-06-11T00:00:00.000Z
- Rep. Mann, Tracey [R-KS-1] (R-KS), 2025-06-12T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2025-06-12T00:00:00.000Z
- Rep. Kean, Thomas H. [R-NJ-7] (R-NJ), 2025-06-20T00:00:00.000Z
- Rep. Trahan, Lori [D-MA-3] (D-MA), 2025-06-20T00:00:00.000Z
- Rep. Foushee, Valerie P. [D-NC-4] (D-NC), 2025-06-20T00:00:00.000Z
- Rep. Calvert, Ken [R-CA-41] (R-CA), 2025-06-23T00:00:00.000Z
- Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] (R-TN), 2025-06-23T00:00:00.000Z
- Rep. Goldman, Craig A. [R-TX-12] (R-TX), 2025-06-25T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2025-06-26T00:00:00.000Z
- Rep. McBride, Sarah [D-DE-At Large] (D-DE), 2025-06-26T00:00:00.000Z
- Rep. Hayes, Jahana [D-CT-5] (D-CT), 2025-06-27T00:00:00.000Z
- Rep. Smith, Christopher H. [R-NJ-4] (R-NJ), 2025-06-30T00:00:00.000Z
- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2025-06-30T00:00:00.000Z
- Rep. Latimer, George [D-NY-16] (D-NY), 2025-07-14T00:00:00.000Z
- Rep. Courtney, Joe [D-CT-2] (D-CT), 2025-07-14T00:00:00.000Z
- Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA), 2025-07-15T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2025-07-29T00:00:00.000Z
- Rep. Garcia, Robert [D-CA-42] (D-CA), 2025-08-05T00:00:00.000Z
- Rep. Massie, Thomas [R-KY-4] (R-KY), 2025-08-08T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2025-08-08T00:00:00.000Z
- Rep. Bishop, Sanford D. [D-GA-2] (D-GA), 2025-08-15T00:00:00.000Z
- Rep. Casten, Sean [D-IL-6] (D-IL), 2025-08-22T00:00:00.000Z
- Rep. Stauber, Pete [R-MN-8] (R-MN), 2025-08-22T00:00:00.000Z
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA), 2025-08-29T00:00:00.000Z
- Rep. Bell, Wesley [D-MO-1] (D-MO), 2025-09-11T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2025-09-15T00:00:00.000Z
- Rep. Golden, Jared F. [D-ME-2] (D-ME), 2025-09-17T00:00:00.000Z
- Rep. Fulcher, Russ [R-ID-1] (R-ID), 2025-09-26T00:00:00.000Z
- Rescom. Hernández, Pablo Jose [D-PR-At Large] (D-PR), 2025-10-03T00:00:00.000Z
- Rep. Pou, Nellie [D-NJ-9] (D-NJ), 2025-10-17T00:00:00.000Z
- Rep. Gomez, Jimmy [D-CA-34] (D-CA), 2026-10-19T00:00:00.000Z
- Rep. Johnson, Julie [D-TX-32] (D-TX), 2025-10-24T00:00:00.000Z
- Rep. Sykes, Emilia Strong [D-OH-13] (D-OH), 2025-11-17T00:00:00.000Z
- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-12-01T00:00:00.000Z
- Rep. Wittman, Robert J. [R-VA-1] (R-VA), 2025-12-03T00:00:00.000Z
- Rep. Bresnahan, Robert P. [R-PA-8] (R-PA), 2025-12-19T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2026-01-27T00:00:00.000Z
- Rep. Espaillat, Adriano [D-NY-13] (D-NY), 2026-02-02T00:00:00.000Z
- Rep. Collins, Mike [R-GA-10] (R-GA), 2026-02-03T00:00:00.000Z
- Rep. Van Duyne, Beth [R-TX-24] (R-TX), 2026-02-10T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2026-02-10T00:00:00.000Z
- Rep. Bean, Aaron [R-FL-4] (R-FL), 2026-02-10T00:00:00.000Z
- Rep. Fischbach, Michelle [R-MN-7] (R-MN), 2026-02-10T00:00:00.000Z
- Rep. Barrett, Tom [R-MI-7] (R-MI), 2026-02-11T00:00:00.000Z
- Rep. Horsford, Steven [D-NV-4] (D-NV), 2026-02-11T00:00:00.000Z
- Rep. Smucker, Lloyd [R-PA-11] (R-PA), 2026-02-12T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2026-02-12T00:00:00.000Z
- Rep. Tokuda, Jill N. [D-HI-2] (D-HI), 2026-02-23T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2026-02-23T00:00:00.000Z
- Rep. Sorensen, Eric [D-IL-17] (D-IL), 2026-02-24T00:00:00.000Z
- Rep. Dingell, Debbie [D-MI-6] (D-MI), 2026-03-03T00:00:00.000Z
- Rep. McGuire, John J. [R-VA-5] (R-VA), 2026-03-09T00:00:00.000Z
- Rep. Frankel, Lois [D-FL-22] (D-FL), 2026-03-30T00:00:00.000Z
- Rep. Carey, Mike [R-OH-15] (R-OH), 2026-04-13T00:00:00.000Z
- Rep. Whitesides, George [D-CA-27] (D-CA), 2026-04-15T00:00:00.000Z
- Rep. Mfume, Kweisi [D-MD-7] (D-MD), 2026-04-20T00:00:00.000Z
- Rep. Subramanyam, Suhas [D-VA-10] (D-VA), 2026-04-16T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2026-04-27T00:00:00.000Z
- Rep. Elfreth, Sarah [D-MD-3] (D-MD), 2026-05-07T00:00:00.000Z
- Rep. Murphy, Gregory F. [R-NC-3] (R-NC), 2026-05-14T00:00:00.000Z
- Rep. Walkinshaw, James R. [D-VA-11] (D-VA), 2026-05-14T00:00:00.000Z
- Rep. Steube, W. Gregory [R-FL-17] (R-FL), 2026-05-19T00:00:00.000Z
- Rep. Hern, Kevin [R-OK-1] (R-OK), 2026-05-20T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2026-06-02T00:00:00.000Z
- Rep. Wasserman Schultz, Debbie [D-FL-25] (D-FL), 2026-06-08T00:00:00.000Z
- Rep. Keating, William R. [D-MA-9] (D-MA), 2026-06-15T00:00:00.000Z
- Rep. Bera, Ami [D-CA-6] (D-CA), 2026-06-18T00:00:00.000Z
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY), 2026-06-22T00:00:00.000Z
- Rep. Castor, Kathy [D-FL-14] (D-FL), 2026-06-23T00:00:00.000Z
- Rep. Hurd, Jeff [R-CO-3] (R-CO), 2026-06-23T00:00:00.000Z
- Rep. Miller, Max L. [R-OH-7] (R-OH), 2026-06-24T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2026-06-25T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2026-06-25T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2026-06-25T00:00:00.000Z
- Rep. Langworthy, Nicholas A. [R-NY-23] (R-NY), 2026-06-29T00:00:00.000Z
- Rep. Crank, Jeff [R-CO-5] (R-CO), 2026-06-29T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2026-06-29T00:00:00.000Z
- Rep. Evans, Dwight [D-PA-3] (D-PA), 2026-06-29T00:00:00.000Z
- Rep. Guest, Michael [R-MS-3] (R-MS), 2026-06-29T00:00:00.000Z
- Rep. Mrvan, Frank J. [D-IN-1] (D-IN), 2026-06-29T00:00:00.000Z
- Rep. Ross, Deborah K. [D-NC-2] (D-NC), 2026-06-30T00:00:00.000Z
- Rep. Van Epps, Matt [R-TN-7] (R-TN), 2026-07-02T00:00:00.000Z
- Rep. Finstad, Brad [R-MN-1] (R-MN), 2026-07-06T00:00:00.000Z
- Rep. Obernolte, Jay [R-CA-23] (R-CA), 2026-07-09T00:00:00.000Z
- Rep. Van Orden, Derrick [R-WI-3] (R-WI), 2026-07-13T00:00:00.000Z
- Rep. Torres, Norma J. [D-CA-35] (D-CA), 2026-07-13T00:00:00.000Z
- Rep. Smith, Adrian [R-NE-3] (R-NE), 2026-07-13T00:00:00.000Z
- Rep. Moskowitz, Jared [D-FL-23] (D-FL), 2026-07-20T00:00:00.000Z
- Rep. Schrier, Kim [D-WA-8] (D-WA), 2026-07-20T00:00:00.000Z
- Rep. Matsui, Doris O. [D-CA-7] (D-CA), 2026-08-03T00:00:00.000Z
- Rep. Simon, Lateefah [D-CA-12] (D-CA), 2026-08-03T00:00:00.000Z
- Rep. Ryan, Patrick [D-NY-18] (D-NY), 2026-08-03T00:00:00.000Z
- Rep. Joyce, John [R-PA-13] (R-PA), 2026-08-13T00:00:00.000Z
- Rep. McCormick, Richard [R-GA-7] (R-GA), 2026-08-13T00:00:00.000Z
- Rep. Gallagher, James [R-CA-1] (R-CA), 2026-08-13T00:00:00.000Z
- Rep. Harris, Andy [R-MD-1] (R-MD), 2026-08-24T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2026-08-31T00:00:00.000Z
- Rep. Riley, Josh [D-NY-19] (D-NY), 2026-08-31T00:00:00.000Z
- Rep. Ciscomani, Juan [R-AZ-6] (R-AZ), 2026-09-04T00:00:00.000Z
- Rep. Boebert, Lauren [R-CO-4] (R-CO), 2026-09-14T00:00:00.000Z

## Provisions PRIA read

- Bigger tax exclusion for homeowners: benefit, high. If enacted, this bill would let homeowners exclude more profit when they sell their main home. Single taxpayers would be able to exclude up to $500,000 of gain. Married taxpayers filing jointly would be able to exclude up to $1,000,000 of gain. The new dollar limits would apply to sales and exchang…

## Related bills

- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2102: Major Richard Star Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act
- 119-hr-909: Crime Victims Fund Stabilization Act of 2025

## Sources
- [119-hr-1340 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1340)

## Related
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act](https://policyrisk.com/legislation/119-hr-1993)
- [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1340 (as of 2026-10-21).