HR. 9480In Committee
To amend the Internal Revenue Code of 1986 to allow a deduction for amounts contributed to home savings accounts, and for other purposes.
Plain-English overview
What this bill does
Allow a tax deduction for contributions to home savings accounts by amending the Internal Revenue Code
Key points
- Amend Internal Revenue Code
- Allow home savings account deductions
Current status
Where it stands
Status
In Committee
Latest action
2026-06-25 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.