A Democratic bill with 1 Republican cosponsor · See the cosponsor
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, known as the ``Veteran's Surviving Spouse Parity Act of 2026'', seeks to amend the Internal Revenue Code of 1986. It aims to treat certain spouses and surviving spouses of military veterans as veterans for specific mortgage-related purposes. Specifically, this applies to the exception regarding the 3-year ownership look-back limitation for qualified mortgage bonds and mortgage credit certificates. The change would affect bonds and certificates issued after December 31, 2026.
Yes· 3 of 5
- Scored +5
Would veterans be better off under this, taking everything together?
It extends mortgage-related tax benefits to their spouses and surviving spouses.
- Scored +5
Does this increase the pay, pensions or support veterans receive?
It extends mortgage-related benefits to the spouses and surviving spouses of veterans.
- Scored +5
Does this make housing cost less?
The bill helps spouses and surviving spouses of veterans access mortgage-related tax benefits.
The opposite
- Scored -3
Would middle-income households be better off under this?
The benefit only applies to instruments issued after December 31, 2026.
Who it would affect, and how
Potential Positive Impacts for People
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Expansion of Veteran Status for Spouses: The bill amends Section 143(d)(2)(D) of the Internal Revenue Code to include certain spouses and surviving spouses as veterans (Section 2(a)). This could benefit these individuals by allowing them to access exceptions related to qualified mortgage bonds and mortgage credit certificates.
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Clearer Implementation Guidelines: The Secretary of the Treasury, working with the Secretary of Veterans Affairs, will issue guidance to help issuers of bonds and mortgage credit certificate programs (Section 2(c)). This guidance is intended to assist in determining who qualifies as a veteran, including rules regarding surviving spouses and remarriage.
Potential Negative Impacts for People
- Delayed Implementation: The amendments made by this bill only apply to bonds and mortgage credit certificates issued after December 31, 2026 (Section 2(d)). This means those seeking these benefits for instruments issued before that date would not be covered by this change.
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 veterans be better off under this, taking everything together? — It extends mortgage-related tax benefits to their spouses and surviving spouses. Would women be better off under this? — The bill specifically benefits spouses and surviving spouses of veterans. Would middle-income households be better off under this? — The benefit only applies to instruments issued after December 31, 2026.
- National Security And Foreign Policy
- Does this increase the pay, pensions or support veterans receive? — It extends mortgage-related benefits to the spouses and surviving spouses of veterans.
- Social Issues And Justice
- Does this make housing cost less? — The bill helps spouses and surviving spouses of veterans access mortgage-related tax benefits.
- Economy And Finance
- Does this cut taxes for middle-income families? — The bill provides mortgage-related tax benefits to spouses and surviving spouses of veterans.
- 7/22/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Rudy YakymRepublican · Indiana