H.R. 4327 – No Tax on Home Sales Act

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Updated November 23, 2025 at 11:36 PM UTC

The No Tax on Home Sales Act would remove the current dollar caps on the tax‑free profit homeowners can claim when they sell their primary residence. By eliminating those limits, all gain from a qualifying home sale would be excluded from income tax. The bill applies to anyone selling a principal residence after the law becomes effective.

Key Provisions

Amends the tax code (Section 121(b)) to delete the paragraphs that set the $250,000 (or $500,000 for married couples) limit on the exclusion of gain from the sale of a principal residence, and renumbers the remaining paragraphs.
Makes conforming changes to Section 121(c) to remove references to the eliminated dollar‑limit provisions.
Specifies that the changes take effect for any home sale or exchange that occurs after the law is enacted.

Legislative Activity

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2 earlier actions

HouseFloor Latest Action

ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.

January 21, 2026 • 4:48 PM

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HouseIntro Referral

Introduced in House

July 10, 2025

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

July 10, 2025

HouseFloor

ASSUMING FIRST SPONSORSHIP - Mr. Alford asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene (GA), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.

January 21, 2026 • 4:48 PM

Floor Debate

1 member

What members said about H.R. 4327 on the floor

1 Republican

Rep. Mark AlfordR-MO-4 · Jan 21, 2026

Mr. Speaker, I ask unanimous consent that I may hereafter be considered to be the first sponsor of H.R. 4327, a bill originally introduced by Representative Greene of Georgia, for the purpose of…

Bill Text

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Introduced in HouseIssued July 10, 2025

I

119th CONGRESS

1st Session

H. R. 4327

IN THE HOUSE OF REPRESENTATIVES

July 10, 2025

Ms. Greene of Georgia introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to eliminate the dollar limitations on the exclusion of gain from sales of principal residences, and for other purposes.

1.

Short title

This Act may be cited as the No Tax on Home Sales Act.

2.

Elimination of dollar limitations on exclusion of gain from sales of principal residences

(a)

In general

Section 121(b) of the Internal Revenue Code of 1986 is amended—

(1)

by striking paragraphs (1), (2), and (4), and

(2)

by redesignating paragraphs (3) and (5) as paragraphs (1) and (2), respectively.

(b)

Conforming amendments

Section 121(c) of such Code is amended—

(1)

in paragraph (1), by striking , and subsection (b)(3) and all that follows through 2 years and inserting , and subsection (b)(1), shall not apply, and

(2)

in paragraph (2)(A)(ii), by striking subsection (b)(3) and inserting subsection (b)(1).

(c)

Effective date

The amendments made by this section shall apply to sales and exchanges after the date of the enactment of this Act.