WHAT THE LAW DOINCongress, in plain words

H.R. 10944 · 119th Congress

To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes.

Introduced
IntroducedOct 29, 2026
Passed HouseNot yet
Passed SenateNot yet
To PresidentNot yet
Became lawNot yet

Where it stands

Introduced. Latest step, Oct 29, 2026: Referred to the House Committee on Ways and Means.

What it does

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The Congressional Research Service hasn't published a summary of this bill yet. They usually follow within weeks of introduction.

Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

What has happened

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  1. Oct 29, 2026Introduced in HouseLibrary of Congress

Show all 3 recorded actions

Cosponsors

  • Mike Carey R-OH-15
  • Jimmy Panetta D-CA-19
H.R. 10944: To amend the Internal Revenue Code of 1986 to exclude from gross income certain retirement plan distributions used for a down payment or closing costs for a principal residence, and for other purposes. · WHAT THE LAW DOIN