# 119-s-2867: Uplifting First-Time Homebuyers Act of 2025

119-s-2867, Uplifting First-Time Homebuyers Act of 2025, is a 119th Congress bill sponsored by Sen. Gallego, Ruben [D-AZ] (D-AZ); status introduced; PRIA reads it as touching household money (as of 2026-06-12).

- Canonical: https://policyrisk.com/legislation/119-s-2867
- As of: 2026-06-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2867
- Congress: 119
- Title: Uplifting First-Time Homebuyers Act of 2025
- Status: introduced
- Introduced: 2025-09-18
- Sponsor: Sen. Gallego, Ruben [D-AZ] (D-AZ)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-06-12

## Summary

**Raise the cap on qualified first-time homebuyer distributions to $50,000.** This bill would amend Internal Revenue Code section 72(t)(8)(B)(i) to increase the limit on qualified first-time homebuyer distributions from $10,000 to $50,000. The change would apply to taxable years beginning after December 31, 2024.

## Cosponsors (1)

- Sen. Young, Todd [R-IN] (R-IN), 2025-09-18T00:00:00.000Z

## Provisions PRIA read

- Withdraw up to $50,000 for first home: benefit, high. If enacted, you would be able to withdraw up to $50,000 from a retirement account to buy your first home. This would raise the current $10,000 cap to $50,000 for qualified first-time homebuyer distributions. It would only apply if the withdrawal meets the 'qualified first-time homebuyer distributio…

## Related bills

- 119-s-2838: Protecting Our Democracy Act
- 119-s-1748: Kids Online Safety Act
- 119-s-873: Fighter Force Preservation and Recapitalization Act of 2025
- 119-s-5283: Momnibus Act
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-4576: Jewish American Security Act

## Sources
- [119-s-2867 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2867)

## Related
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-873: Fighter Force Preservation and Recapitalization Act of 2025](https://policyrisk.com/legislation/119-s-873)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-4576: Jewish American Security Act](https://policyrisk.com/legislation/119-s-4576)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2867 (as of 2026-06-12).