CONGRESS FOR VOTERS

RepublicanBill · S. 3332· Senate(119-S-3332)

More Homes on the Market Act

Rep. Cornyn
Age: 74 years
Texas
Introduced
12/3/2025
Last activity
12/3/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
John Cornyn
Cosponsors
Republican - 20Democrat - 5
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is called the ``More Homes on the Market Act''. It was introduced in the Senate on December 3, 2025. The bill changes the Internal Revenue Code of 1986. Its main goal is to increase the amount of money people can exclude from taxes when they sell their main home. It also adds an adjustment for inflation for these amounts starting after the year 2025.

Yes· 3 of 11

  • Would high-income households be better off under this?+7

    High-income homeowners with high-value properties benefit from the increase to $1,000,000 for joint filers.

  • Would retired people be better off under this?+7

    Retirees often sell their primary residence to downsize and will benefit from the increased tax exclusion.

  • Would people over 65 be better off under this?+6

    Seniors downsizing or selling their primary residence benefit significantly from the increased exclusion limits.

The opposite

  • Does this reduce what the federal government owes?-2

    Increasing tax exclusions typically reduces government tax revenue, which could slightly increase the deficit.

  • Does this make the government pay for what it commits to?-1

    Decreases federal revenue through higher tax exclusions.