A Republican bill with 1 Democratic cosponsor · See all 2 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, titled the "Time to Heal Act," aims to amend the Internal Revenue Code of 1986. It seeks to provide individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as is currently allowed to married couples. This change would apply regardless of how much time has passed since the spouse's death. The amendment focuses on increasing the exclusion amount from $250,000 to $500,000 under specific conditions. It applies to sales and exchanges made in taxable years beginning after the Act is enacted.
Yes· 3 of 5
- Scored +5
Would people over 65 be better off under this?
The bill benefits surviving spouses who may be older individuals looking to sell their principal residence.
- Scored +5
Would middle-income households be better off under this?
The increased exclusion provides greater tax relief for middle-income homeowners selling their principal residence after a spouse's death.
- Scored +5
Would retired people be better off under this?
The bill provides significant tax advantages for retirees who are widowed and wish to sell their homes.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Increased Gain Exclusion: Individuals whose spouses have passed away could qualify for a $500,000 exclusion on the sale or exchange of their principal residence instead of the current $250,000, provided they met certain requirements before the death and have not remarried (Section 2(a)).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would middle-income households be better off under this? — The increased exclusion provides greater tax relief for middle-income homeowners selling their principal residence after a spouse's death. Would retired people be better off under this? — The bill provides significant tax advantages for retirees who are widowed and wish to sell their homes. Would people over 65 be better off under this? — The bill benefits surviving spouses who may be older individuals looking to sell their principal residence.
- Economy And Finance
- Does this cut taxes for middle-income families? — The bill increases the capital gains exclusion for the sale of a principal residence from $250,000 to $500,000 for surviving spouses.
- Social Issues And Justice
- Does this make housing cost less? — By increasing the tax exclusion on home sales, the bill provides more liquidity and financial security to individuals residing in their principal homes.
- 7/13/2026
- 1 Cosponsor added.
- 2/11/2026
- 1 Cosponsor added.
- 2/4/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House
Jimmy PanettaDemocrat · California
Adrian SmithRepublican · Nebraska