# 119-hr-7131: Middle Class Home Tax Elimination Act

119-hr-7131, Middle Class Home Tax Elimination Act, is a 119th Congress bill sponsored by Rep. Fitzgerald, Scott [R-WI-5] (R-WI); status introduced (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7131
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7131
- Congress: 119
- Title: Middle Class Home Tax Elimination Act
- Status: introduced
- Introduced: 2026-01-16
- Sponsor: Rep. Fitzgerald, Scott [R-WI-5] (R-WI)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2026-04-21

## Summary

**Removes the dollar cap on the tax exclusion for gain from selling a primary residence.** This bill would change Internal Revenue Code Section 121 so homeowners are no longer limited by a per-sale dollar ceiling when excluding gain on the sale or exchange of their principal residence, and it makes matching technical edits to related provisions. - Homeowners and families: Sellers of a principal residence could exclude more or all of their gain from taxable income because the per-sale dollar limits are eliminated. - Tax law and administration: The bill reorganizes and amends Section 121 by striking and redesignating specific paragraphs and updating cross references. The changes apply to sales and exchanges after the date of enactment.

## Related bills

- 119-hr-4312: SCORE Act
- 119-hr-2570: Maximum Pressure Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-6766: Essential Caregivers Act of 2025
- 119-hr-21: Born-Alive Abortion Survivors Protection Act
- 119-hr-10582: Motion Picture, Television, and Entertainment Revitalization Act

## Sources
- [119-hr-7131 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7131)

## Related
- [119-hr-4312: SCORE Act](https://policyrisk.com/legislation/119-hr-4312)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-6766: Essential Caregivers Act of 2025](https://policyrisk.com/legislation/119-hr-6766)
- [119-hr-21: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-hr-21)
- [119-hr-10582: Motion Picture, Television, and Entertainment Revitalization Act](https://policyrisk.com/legislation/119-hr-10582)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7131 (as of 2026-04-21).