CONGRESS FOR VOTERS

John Cornyn (R-TX)

More Homes on the Market Act

S. 3332 · Senate bill Taxation

A Republican bill with 5 Democratic cosponsors · See all 25 cosponsors

Last activity — Read twice and referred to the Committee on Finance.

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

  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

  • Scored +7

    Would high-income households be better off under this?

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

  • Scored +7

    Would retired people be better off under this?

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

  • Scored +6

    Would people over 65 be better off under this?

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

The opposite

  • Scored -2

    Does this reduce what the federal government owes?

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

  • Scored -1

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

    Decreases federal revenue through higher tax exclusions.