HR 7185

Official Title: To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.

Introduced: 2026-01-21

Passed House:

Passed Senate:

To President:

Became Law:

Categories: House Introduced Pension
A summary is in progress.

Action(s)

  • 01/21/2026 - Referred to the House Committee on Ways and Means.
  • 01/21/2026 - Introduced in House

Bill Details

  • To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.

    Short Title

  • House

    Type

  • 119

    Congress Number

  • HR7185-119

    Full Number

Sponsor

Rep. McGuire, John J. [R-VA-5]

Rep.